Yahoo to close over Christmas

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It's been a tough year for Yahoo this year, and the web giant has just announced it will end in a similarly austere vein.

For the first time in its history the firm will close its offices throughout the Christmas period until the New Year in an effort to save money, according to reports.

Employees will be asked to take any remaining holiday or unpaid leave to cover the dates, although those performing "essential duties" will still be required from 25 December to 1 January, said the report.

Yahoo has sought to trim its workforce by around 2,000 and made a series of other announcements aimed at making the company leaner and meaner in the past 12-15 months, many of them as a result of new chief executive Carol Bartz.

While the cuts may not have gone down too well with staff, there is a feeling that the firm has found more focus under Bartz, albeit at the expense of some of its original core technologies.

The search and online advertising deal the web giant finally signed with Microsoft earlier this month probably epitomises the new regime: team up to take on Google when possible and focus at all costs on being a profitable business.

But with the firm still posting a revenue decline in 2009, it may take more than a new worldwide marketing campaign focusing on the user and a revamped home page to revive its fortunes in 2010.

22 Dec 2009

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