22.1.08

Yahoo! to lay-off

Yahoo Inc. is poised to lay off hundreds of workers as part of the slumping Internet icon's effort to sharpen its focus.

Yahoo spokeswoman Diana-Wong declined to comment on a report published on the Silicon Alley Insider blog, which said Yahoo! has created a list of "1,500-2,500 jobs that may be eliminated in the next two weeks."

Yahoo's workforce stood at close to 14,000 at end-2007, up around 2,600, or 23 percent, from the 11,600 employed a year earlier, according to company filings.

Via Reuters

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