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Rumor: China Yahoo to Begin Massive Layoffs

SohuIT, 11/17/08

A source inside China Yahoo revealed that the company will put a new employee layoffs plan into effect this week, with most of the affected workers - nearly 70% - coming from Yahoo News. China Yahoo has shifted its core business focus to SNS.

China Yahoo denied the reports.

Keywords: HR China Yahoo Internet SNS Web 2.0

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