Through the use of social media outlets, not all Yahoo employees are making quiet exits. The ax fell on some 1,000 Yahoo employees Feb. 13, after months of speculation and rumor mongering from tech watchdog news sources.
Hopes that a hostile bid from Microsoft would save Yahoo jobs were dashed as Yahoo rejected the buyout offer Feb. 11 as "substantially undervaluing" the search giant.
Yahoo would not say which departments and offices were having their headcounts slashed—only that the reductions were targeted in areas of their business that didn't support their growth initiatives.
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