Yahoo begins worker layoffs

Yahoo is following through on a promise to cut its workforce by at least 10% to right its ship.

Yahoo has begun dropping the axe on employees, following through on a promise to cut its workforce by at least 10 per cent in an effort to right its financially listing ship.

Yahoo announced plans to dump some 1,400 employees on Wednesday after reporting in October that the weak economy had cut deeply into the California Internet pioneer’s third-quarter profits.

Layoffs of most US Yahoo workers were happening on Wednesday and were already underway in other parts of the world, Yahoo’s beleaguered co-founder and outgoing chief executive Jerry Yang wrote in an email to employees.

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“This is a tough time for all of us,” Yang wrote. “The reductions we’re making are very hard, but they are also very necessary as we focus on the long-term health of our business.”

Yahoo has been losing ground on the Internet to companies such as Google, MySpace and Facebook and the economic slowdown has hurt the firm particularly hard as advertisers cut back on spending.

Former Punjab DGP and retired IPS officer Mohammad Mustafa

Booked after son’s death, ex-DGP Mustafa, wife Razia were once among power couples

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Former DGP Mohd Mustafa and his wife, former minister Razia Sultana, are facing an FIR for the death of their son, who had accused them of harassment and conspiracy. Mustafa, a decorated officer who joined the Congress after retiring, actively campaigned for his wife in the 2022 Assembly elections, but was also booked for making communal remarks during the campaign.

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