China Yahoo to Make More Layoffs
Beijing Morning Post, 1/17/08
A China Yahoo insider has disclosed that a new round of layoffs is in the works and that some staff will be switched from China Yahoo to parent company Alibaba. Additionally, "merging relevant departments is being considered and there will be a rotation of positions at the vice-president level".
Vice President at Alibaba Group and China Yahoo, Zhang Yifen, has also reportedly resigned from both positions.
Keywords: China Yahoo Alibaba HR corporate restructuring online search portal Internet