Menu
Yahoo exits China, closing R&D center

Yahoo exits China, closing R&D center

The company reportedly is laying off between 200 and 300 workers

Yahoo CEO Marissa Mayer takes the stage at CES

Yahoo CEO Marissa Mayer takes the stage at CES

Yahoo is closing its only remaining office in China and laying off between 200 and 300 employees there, news reports said on Wednesday.

The moves are part of CEO Marissa Mayer's efforts to rein in costs at the aging Internet company. Yahoo's office in Beijing, the company's only physical presence in mainland China, has housed an R&D center employing engineers.

"We will be consolidating certain functions into fewer offices, including to our headquarters in Sunnyvale, California," a Yahoo representative told the Wall Street Journal.

Yahoo did not immediately respond to requests for comment.

Since October, the company has cut between 700 and 900 employees in locations including Bangalore, India, and Canada.

The layoffs in China represent about 2 percent of Yahoo's total workforce of 12,500 as of the end of last year.

The Beijing R&D center was focused on Yahoo's "global business," according to its website, employing engineers to develop new ways to personalize Yahoo content and improve its ad targeting.

Yahoo and other U.S.-based Web companies have faced issues around Internet censorship and local competition in China. Yahoo stopped offering its email service in China in 2013, asking users to transfer their accounts to Alimail, which is owned by Chinese e-commerce giant Alibaba.

Mayer said in February that Yahoo would spin off its 15 percent stake in Alibaba, one of China's largest Internet companies, into a separate company.

Zach Miners covers social networking, search and general technology news for IDG News Service. Follow Zach on Twitter at @zachminers. Zach's e-mail address is zach_miners@idg.com

Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags business issuesInternet-based applications and servicesYahoolayoffssocial mediainternetrestructuring

Slideshows

Top 50 defining moments of the New Zealand channel in 2016

Top 50 defining moments of the New Zealand channel in 2016

Reseller News looks back on a tumultuous 12 months for the New Zealand channel, assessing the fallout from a year of sizeable industry change. Whether it be local or global mergers and acquisitions, distribution deals or job changes, the channel that started the year differs somewhat to the one set to finish it - Reseller News assesses the key moments that made 2016.​

Top 50 defining moments of the New Zealand channel in 2016
​Hewlett Packard Enterprise honours high achieving NZ channel

​Hewlett Packard Enterprise honours high achieving NZ channel

Hewlett Packard Enterprise honoured its top performing Kiwi partners at the second running of its HPE Partner Awards in New Zealand, held at a glitzy ceremony in Auckland. Recognising excellence across eight categories - from distributors to resellers - the tech giant celebrated its first year as a standalone company, following its official split from HP in 2015.

​Hewlett Packard Enterprise honours high achieving NZ channel
Nutanix treats channel partners to Christmas cruise

Nutanix treats channel partners to Christmas cruise

Nutanix recently took to the seas for a Christmas Cruise around Sydney Harbour with its Australia and New Zealand staff, customers and partners to celebrate a stellar year for the vendor. With the sun out, they were all smiles and mingled over drinks and food.

Nutanix treats channel partners to Christmas cruise
Show Comments