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Yahoo To Cut 20% Of Its Workforce?

January 20th, 2008 at 2:30 pm

Source:Techcrunch
Startup fund/ incubator TechStars is now accepting applications for its 2008 intake.
TechStars offers up to $15,000 in seed funding ($5,000 per founder, max $15,000) to broke entrepreneurs with a good startup idea. Ten winners will be selected, and winners will need to spend most of their time in Boulder over the Northern summer building out […]Source:Techcrunch
Silicon Alley Insider is reporting that Yahoo is preparing to lay off up to 20% of its 12,000 strong workforce, a big purge as the Sunnyvale based company attempts to become more profitable.
Talks of staff downsizing at Yahoo have been doing the rounds since former CEO Terry Semel left Yahoo in June.
Despite traffic to Yahoo […]

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