French Yahoo employees go on strike

Thu 17 December 2009 11:00, Editors

French media report that employees of Yahoo France have gone on strike yesterday after the announcement by Yahoo that they would be closing down its R&D site in Echirolles. That would cost 78 people their jobs.

The research centre had only been opened a year and a half ago. But Yahoo felt the blow of both the market as the declining market share soon. Already in the beginning of the year they announced lay offs.

Yahoo says it is looking "looking to consolidate its research and development efforts into fewer locations that are more easily managed." But Yahoo doesn't seem to be moving a lot in that direction. That made the current Yahoo employees who still have a job to go on strike.

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