Clark Griswold went off the deep end when he received a “Jelly of the Month” membership in place of a holiday bonus check, but at least he wasn’t laid off. The same can’t be said for some 650 to 700 Yahoo employees expected to lose their jobs today, AllThingsD.com reports.
Yahoo’s product division will bear the brunt of this round of layoffs, and mostly here in the U.S. If all this weren’t crummy enough, those laid off will be asked to leave immediately.
If there’s a bright side to all this, it’s that the number of pink slips is about half of what was initially reported. Back in November, TechCrunch said Yahoo was planning on severing about 20 percent of its 6,500 workforce, which Yahoo said was “misleading and inaccurate.”