Date
21 November 2017
Yahoo has been cutting staff worldwide. Photo: siliconbeat.com
Yahoo has been cutting staff worldwide. Photo: siliconbeat.com

Yahoo closing China operations

Yahoo Inc. is shutting down its remaining operations in China, The Wall Street Journal reported, citing an unnamed source.

The US web pioneer will lay off between 200 and 300 employees, whom it said it informed Wednesday.

The Beijing office, Yahoo’s only physical presence in mainland China, was mostly made up of engineers and served as a research and development center.

“We will be consolidating certain functions into fewer offices, including to our headquarters in Sunnyvale, California,” Yahoo said.

The layoffs are the latest in a series of cost-cutting measures by chief executive Marissa Mayer.

Including the latest round, Yahoo has cut 700 to 900 employees since October, mostly in offices outside the United States.

Yahoo stopped offering services to users in China in 2013. It told email users to transfer their accounts to Alimail, an email service offered by Yahoo’s close partner in the region, Alibaba Group Holding Ltd.

The Chinese address for its home page, Yahoo.cn, redirects visitors to its Singapore site.

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