TVNewser FishbowlDC AgencySpy TVSpy LostRemote PRNewser SocialTimes AllFacebook 10,000 Words GalleyCat UnBeige MediaJobsDaily

Yahoo! Will Lay Off Five Percent of Its Workforce Before the Holidays

Yahoo! downsized five percent of its workforce today, amidst rumors of a possible takeover by AOL. Terry McSweeny, of ABC’s San Francisco news affiliate, says Yahoo! told him this morning between 600 and 700 people would be let go–only little more than a week before the holiday season begins. Ouch.

Seems like the layoffs have already begun.

TechCrunch caught this tweet from a recently downsized member of Yahoo!’s Flickr group.

The tweet was removed only minutes later.

Mediabistro Course

Personal Essay Writing

Personal Essay WritingStarting October 28, work with a published journalist to draft, edit, and sell your first-person essays! Jessica Olien will help you to workshop your writing so that it's ready to pitch to editors. You'll learn how to tell your personal story, self-edit you work to assess voice, style, and tone, and sell your essays for publication. Register now!