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Yahoo to close more services after 600 layoffs

Yahoo to close more services after 600 layoffs
AP
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First Published: Fri, Dec 17 2010. 11 22 AM IST
Updated: Fri, Dec 17 2010. 11 22 AM IST
San Francisco: Yahoo is preparing to close more of its online services now that it has shed about 600 employees.
The endangered list includes the content-sharing site Delicious, according to an internal Yahoo slide leaked on the Internet Thursday.
After the slide appeared, Yahoo Inc. confirmed it will phase out several services in the upcoming months without specifically mentioning Delicious.
The company has been getting rid of unpopular or unprofitable services during the past two years to focus on other areas more likely to attract traffic and sell advertising. As part of the reshuffling, Yahoo trimmed its work force by about 4% earlier this week.
Yahoo bought Delicious for an undisclosed sum five years ago when the Internet company was trying to build a social hub.
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First Published: Fri, Dec 17 2010. 11 22 AM IST
More Topics: Yahoo Inc | Delicious | Close | Advertising | Employees |