Yahoo CEO Jim Lanzone Said That These Layoffs Are Not a Result of Economic Issues, but ... - Latest Tweet by TechCrunch
The latest Tweet by TechCrunch states, 'Yahoo CEO Jim Lanzone said that these layoffs are not a result of economic issues, but rather, they are intentional changes to strengthen the unprofitable Yahoo for Business advertising unit. As a whole, Yahoo is profitable, earning around $8 billion in yearly revenue.'
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