According to the Wall Street Journal Yahoo is compelling most employees to take the week after Xmas off, using vacation or unpaid leave. It is also shutting down offices until after January 1. The move is an effort to save money.
Yahoo employees over the past few years have been “encouraged” but until now not required to take the time off. According to Yahoo spokeswoman Dana Lengkeek “essential functions” will remain staffed during the period. Beyond “customer support” it’s not clear what those roles are from the article.
The Journal article points out that other tech companies in Silicon Valley, such as Adobe and Apple, either close or are effectively shut down during the same period.
Related Topics: Channel: Industry | Yahoo: Business Issues | Yahoo: Employees | Yahoo: Offices
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