Yahoo’s Makes Big Cuts

December 20, 2010 No Comments

Yahoo has undertaken a series of mid-December layoffs and other cutbacks, axing about 650 workers right before the holidays. Hardest hit will be its product groups. It’s also nixing several Web properties, including Yahoo Buzz, AltaVista and bookmark site Delicious. Meanwhile, hackers hammer Gawker, spooks hit OpenBSD, and Microsoft winds up for another swing at tablets.

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