Yahoo Cutting 20 Percent Of French Staff, Developers Bear The Brunt
This story was written by Robert Andrews.
Yahoo (NSDQ: YHOO) is cutting about 52 staff from its 251-strong French operation under the group-wide reductions announced from the company's Sunnyvale HQ in October. Engineering staff are taking a big hit from the restructure as Yahoo's French sites carry proportionally engineers than other locations, the company told AFP: "The category of engineers is the most affected by the cuts at the global level ... there are proportionately more engineers in France than in other countries." The cuts will come from both Yahoo's French sites, in Paris and Grenoble.
This is bittersweet as it was only in September that Yahoo made a song and dance about opening an R&D facility in the latter, an Alps town, at a lavish ceremony involving French government ministers. Engineers at the site were to concentrate on "key strategic priorities" - internationalising Yahoo Answers and developing search, specifically semantic search - on the site that was effectively the HQ of shopping comparison site Kelkoo, which Yahoo recently offloaded at a big loss.
But a spokesperson called this "a plan to safeguard employment" (via AFP) and said six positions would be created. Separately, Yahoo is also dropping its Content Match contextual ad technology in some parts of Europe.
By Robert Andrews