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Wednesday, May 29, 2024

Yahoo CEO Terry Semel Says Reorg Won't Mean Big Layoffs

Yahoo’s reorganization will not mean layoffs, at least in the range of 15 to 20 percent, according to a TV interview with Yahoo CEO Terry Semel.

TechCrunch summarizes the interview which comments on the 15 to 20 percent reduction that Yahoo senior vice president Brad Garlinghouse called for in his recent peanut butter memo.

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