Yahoo Will Cut Up to 1,500 Jobs in Calif.

Search giant could slash as many as 1,500 jobs, shutter entire projects
By Wesley Oliver,  Newser Staff
Posted Dec 9, 2008 12:56 PM CST
Former Vodaphone CEO Arun Sarin is a top contender to replace Jerry Yang as CEO of Yahoo, the Wall Street Journal is reporting.   (AP Photo/Virginia Mayo)
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(Newser) – Yahoo will cut as many as 1,500 California employees from its ranks tomorrow, Mediabistro reports. Employees learned of the layoffs in an email yesterday from outgoing CEO Jerry Yang, according to an inside source. The layoffs follow Yang's November announcement that the search giant would have to sack as much as 10% of its staff worldwide.