Goodbye Dubai: Yahoo closes the last office in the Middle East

According to the reports from foreign medias, Yahoo is now working on shutting down the business in the Middle East. Dubai office, the last office in the Middle East will be closed. 50 employees will lose their jobs.

yahoo

The confirmed source revealed that they received several emails from the unemployeds and they feel embarrassed. Yahoo has confirmed this news.

On the one hand, it made apologies to those who lost jobs.On the other hand, it confirmed to have the dismission done by the end of next April.

Yahoo claimed that it would keep Dubai office when it carried out the staff reduction plan last year. Judging from this news, the staffs work in Dubai office seem to stand this suffer this time.

Yahoo acquired the Arabic social networking website Maktoob.com in 2009 in order to explore the Middle East market. It is hard to believe that it ends up with failure 6 years later.

Yahoo obtained 400 employees and 65 million users in the Middle East, including Amman, Jordan, Cairo and Egypt.

The leadership of Mayer is controversial. Its business scale narrows down under her leadership. The most respected senior executive Dawn Airey left the Yahoo early this year to challenge another job.

It was previously reported that Yahoo investors hoped Mayer to leave the team or suggested the firm split off its business. The future of Yahoo is alarming.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>