Yahoo To Lay Off 2,000 Employees - Spokane, North Idaho News & Weather KHQ.com

Yahoo To Lay Off 2,000 Employees

SAN FRANCISCO (AP) - Yahoo is laying off 2,000 employees as new CEO Scott Thompson sweeps out jobs that don't fit into his plans for turning around the beleaguered Internet company.

The cuts announced Wednesday represent 14 percent of the 14,100 workers employed by Yahoo, which is based in Sunnyvale, Calif.

The housecleaning marks Yahoo's sixth mass layoff in the past four years under three different CEOs. This one will inflict the deepest cuts yet, eclipsing a cost-cutting spree that laid off 1,500 workers in late 2008 as Yahoo tried to cope with the Great Recession.

Thompson is making his move three months after Yahoo lured him away from his previous job running eBay Inc.'s online payment service, PayPal.

 

(Copyright 2012 by The Associated Press. All Rights Reserved.)

 

  • Most Popular StoriesMost Popular StoriesMore>>

  • Coeur d’ Alene woman dies after driving car into Fernan Lake

    Coeur d’ Alene woman dies after driving car into Fernan Lake

    Monday, April 23 2018 1:41 PM EDT2018-04-23 17:41:13 GMT

    On Sunday at about 3:22 p.m., the Kootenai County Sheriff’s 911 Center received multiple calls after a car crashed into Fernan Lake, just east of Coeur d' Alene. The Kootenai County Sheriff’s Office, Kootenai County Fire & Rescue and Kootenai County EMS responded to the 4800 Block of E. Fernan Lake Road. Emergency Public Safety Divers from the Kootenai County Sheriff’s Office Dive Rescue Team were paged to the scene and about 27 minutes after the first 911 call,...

    >>

    On Sunday at about 3:22 p.m., the Kootenai County Sheriff’s 911 Center received multiple calls after a car crashed into Fernan Lake, just east of Coeur d' Alene. The Kootenai County Sheriff’s Office, Kootenai County Fire & Rescue and Kootenai County EMS responded to the 4800 Block of E. Fernan Lake Road. Emergency Public Safety Divers from the Kootenai County Sheriff’s Office Dive Rescue Team were paged to the scene and about 27 minutes after the first 911 call,...

    >>
  • Spokane Japanese restaurant destroyed in early morning fire

    Spokane Japanese restaurant destroyed in early morning fire

    Sunday, April 22 2018 8:21 PM EDT2018-04-23 00:21:59 GMT

    SPOKANE, Wash. - Update: Spokane firefighters say the iconic Shogun restaurant on E. 3rd Ave. appears to be a total loss after an early morning fire destroyed the building. First arriving companies found heavy fire coming through the roof of the Shogun Restaurant and immediately began to attack the fire. Despite attempts to enter the building, they were quickly forced out due to deteriorating conditions above them.

    >>

    SPOKANE, Wash. - Update: Spokane firefighters say the iconic Shogun restaurant on E. 3rd Ave. appears to be a total loss after an early morning fire destroyed the building. First arriving companies found heavy fire coming through the roof of the Shogun Restaurant and immediately began to attack the fire. Despite attempts to enter the building, they were quickly forced out due to deteriorating conditions above them.

    >>
  • Colorado woman facing $500 fine for saving airline snack

    Colorado woman facing $500 fine for saving airline snack

    Sunday, April 22 2018 7:13 PM EDT2018-04-22 23:13:54 GMT

    DENVER  - A Colorado woman says she's facing a $500 fine from U.S. Customs and Border Patrol after she saved a free apple she received from an airline on her way home from Paris. Crystal Tadlock said flight attendants on her Delta Air Lines flight from Paris handed out apples in plastic bags near the end of the flight. 

    >>

    DENVER  - A Colorado woman says she's facing a $500 fine from U.S. Customs and Border Patrol after she saved a free apple she received from an airline on her way home from Paris. Crystal Tadlock said flight attendants on her Delta Air Lines flight from Paris handed out apples in plastic bags near the end of the flight. 

    >>
HD DOPPLER 6i
/