Yahoo Source: Firing 2000 People Was 'A Drop In The Bucket' (YHOO) - San Francisco Chronicle

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Yahoo Source: Firing 2000 People Was 'A Drop In The Bucket' (YHOO) - San Francisco Chronicle Apr 6th 2012, 14:29 When, next Tuesday, Yahoo's new CEO Scott Thompson gathers employees for a company-wide meeting to explain his turnaround plan following this week's layoffs, many of the people he'll be talking to won't be around to see that plan to fruition. Yahoo fired 2,000 people this week in a big painful layoff. "There will be more [cuts]," a source close to Yahoo executives tells us. The reason why? This source says Yahoo's layoffs didn't cut very deep into the company's massive – some say bloated – headcount. Everyone keeps saying Yahoo had 14,000 employees prior to Tuesday, but according to this source, the real number was closer to 18,000 when you include all of Yahoo's fulltime contractors. "2000 out of 18,000 aint that much. It's sort of a drop in the bucket," says this source.  "We could get rid of 10,000." Please follow Business Insider on Twitter and Facebook. Join the conversation about this story » See Also: This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/content-only/faq.php#publishers. Five Filters recommends: Donate to Wikileaks.

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