Tags: Marissa Mayer
Yahoo Again Amends Employee Severance Plan, But This Time To Protect Their Interest
A regulatory filing by Yahoo Inc. on Thursday suggests that the tech giant has changed its employee severance plan. The new plan confirms severance payments even after acquisition of the tech giant. Analysts consider the filing as its preparation for selling entire or at least part of its core business.
Yahoo announces its strategic move to sell its core business; Company shares climbed after announcement
Yahoo on Friday announced the strategic alternative to sell its core business. Following the announcement, the company's shares climbed.
Yahoo Cut Another Employment and Shutting Down Digital Magazines
Yahoo announced another round of layoff after early February cutoff. Around 300 employees in California office will lose their jobs.
Yahoo Restructuring: 107 Employees Received Layoff Notice As Part of The Planned 1,500 Job Cuts
Yahoo’s planned restructuring plan had started on Wednesday, whereas 107 employees had received a written notice that after 60 days they would have to leave the office. That would be the first batch of what is expected to be a much bigger job cuts of 1,500 employees or 15 percent of the company’s workforce.