Yahoo! China Closed, 300 Employee Fired,. Yahoo! China reportedly closed. Yahoo! branch office in China is no longer in operation and 300 employees fired. Originally this was a consequence of the closure of a branch office in Beijing at the end of 2014 ago. Impact, hundreds of workers must be laid off.
In an official statement on Wednesday (18/3) yesterday, the company has approximately 12,500 employees around the world was announced if they reluctantly had to terminate a branch office in China. This decision affects the fate of hundreds of their employees in a branch office in Beijing.
From the Bloomberg report, Yahoo! known are looking for solutions to cut costs the company. Strong pressure comes from investors who want a particular breakthrough save operational costs. Earlier this year, the CEO of Yahoo! said that if companies focus on efficiency.
Marissa Mayer stressed if Yahoo! addition to a focus on efficiency also keep the number of their employees as effectively and efficiently as possible. Perhaps this is why a branch office in Beijing trimmed. However, there is also a mention if this is related to the Chinese government's concerns.
Yahoo! denied it and said that if this is solely a company's efficiency efforts. In an official statement the company, Yahoo! mention if these steps sebagau effort to align the resources they have.
"Guma encourage better management collaboration and innovation in our business in the future, at this time we do not offer local services and products in Beijing, in addition to the office as a center for research and development alone," wrote Yahoo! on their site.
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