Yahoo! UK & Ireland is to lose around seven per cent of its staff
as part of the portal's recent global cost-cutting strategy, according
to a spokeswoman at the portal.
Staff at the internet giant's UK & Ireland operations have yet to learn
of the total number of redundancies in their offices, but the
spokeswoman said the final figure would be significantly lower than the
12 per cent job cuts mooted for the rest of the firm's European
operations. Yahoo!'s European outlets, including Yahoo! UK & Ireland,
are estimated to employ around 400 staff.
It is believed that Yahoo! will continue to recruit staff in key areas,
despite the cutbacks.