Yahoo freezes staff pay


Yahoo freezes staff pay

Antony Savvas

Yahoo is freezing staff pay this year in response to the recession.

The austerity move is the first cost-cutting action taken by Yahoo's new chief executive Carol Bartz, who was hired two weeks ago.

Yahoo has about 13,700 employees after laying off 1,500 workers last month.

No other job cuts are planned, said the company.

Email Alerts

Register now to receive IT-related news, guides and more, delivered to your inbox.
By submitting your personal information, you agree to receive emails regarding relevant products and special offers from TechTarget and its partners. You also agree that your personal information may be transferred and processed in the United States, and that you have read and agree to the Terms of Use and the Privacy Policy.

COMMENTS powered by Disqus  //  Commenting policy