Today's Hard|Forum Post
Today's Hard|Forum Post

Saturday March 21, 2015

Yahoo Exits China, Closing R&D Center

Say aloha, sayonara or whatever they say in Chinese because Yahoo is removing the last vestige of its presence in China. The company is closing its R&D center in Beijing, the last in China, laying off about 200-300 Chinese engineers.

The layoffs in China represent about 2 percent of Yahoo’s total workforce of 12,500 as of the end of last year.