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On Yahoo’s Possible Layoffs: Hundreds, Not Thousands: NYT & WSJ

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NYT expands on upcoming Yahoo (NSDQ: YHOO) layoffs (which we reported on over the weekend here): it cites sources and says will be “hundreds of employees” out of a total of about 14,000. It says company executives are still trying to determine exactly which areas will be cut and a few variations of a plan would be submitted to the company’s board at a coming meeting.

SEE ALSO: Big Yahoo Layoffs Coming Soon?; Yahoo’s Response

WSJ also weighs in with a story: Yahoo expects to finish 2008 with about the same number of workers as it had at the end of 2007 while planning to add staff in some areas deemed priorities.

Jan 21, 2008 7:08 PM ET

Posted In: Companies, Yahoo

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