The 2 big companies to watch for layoffs this year are Paypal and Yahoo. Could be thousands each.
Paypal is just grossly overstaffed.
Yahoo is under pressure from investors to return the Alibaba proceeds to investors and cut their staff in half. (Some investors would like Yahoo to shut down and sell their campus off. Yahoo has no value as a going concern.)
Paypal is just grossly overstaffed.
Yahoo is under pressure from investors to return the Alibaba proceeds to investors and cut their staff in half. (Some investors would like Yahoo to shut down and sell their campus off. Yahoo has no value as a going concern.)