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WEDNESDAY, NOVEMBER 25, 2009
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Yahoo Will Cut Up to 1,500 Jobs in Calif.

Search giant could slash as many as 1,500 jobs, shutter entire projects

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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.

Former Vodaphone CEO Arun Sarin is a top contender to replace Jerry Yang as CEO of Yahoo, the Wall Street Journal is reporting.
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)
Employees who will be laid off from Yahoo will be told tomorrow, and some could have to leave the offices within a few hours of being told.
Employees who will be laid off from Yahoo will be told tomorrow, and some could have to leave the offices within a few hours of being told.   (AP Photo/Paul Sakuma, file)
Yahoo, via an email from departing CEO Jerry Yang, told its California employees that on Wednesday, as many as 1,500 employees will be tossed.
Yahoo, via an email from departing CEO Jerry Yang, told its California employees that on Wednesday, as many as 1,500 employees will be tossed.   (AP Photo/Paul Sakuma)
Employees who will be laid off from Yahoo will be told tomorrow, and some could have to leave within a few hours of being told.
Employees who will be laid off from Yahoo will be told tomorrow, and some could have to leave within a few hours of being told.   (AP Photo/Paul Sakuma)
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