Posts Tagged ‘unemployment’

With unemployment rates in some states as high as 12.4% (according to the Bureau of Labor Statistics) and printers spewing out resumes, it is a bit

Yahoo Office JPG

disheartening to see a once mighty IT giant shrink and lay off a whopping 10% of its employees, or so rumor has it.  Yahoo! Senior Software Developer, Zach Graves, tweeted, “The number of people carrying boxes out of Yahoo tonight is not surprising, nor the last of it.”

Sources at TechCrunch tried to confirm the rumor that Yahoo! plans to cut 10-20 % of its 6,000 person workforce.  Yahoo! responded with, “We don’t comment on rumor or speculation.”

I wonder if Graves is being reprimanded for a Tweetleak? (more…)


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