Yahoo To Shut Down Cairo Office At End Of Year - FOX 10 News | fox10phoenix.com

Yahoo To Shut Down Cairo Office At End Of Year

CAIRO (AP/KTTV) - Yahoo says it will shut down its office in Cairo at the end of this year, laying off all its local employees.

The company said in a statement Wednesday it will close its offices in Cairo as part of its "global efforts to streamline operations ... by bringing more (offices) together in fewer locations."

Yahoo said its employees in the Cairo office will be offered separation packages that "exceed local law requirements." The company declined to say how many people are currently employed by Yahoo in Cairo.

Yahoo said it will serve its Middle East and Africa markets from its offices in Dubai and Amman, Jordan.

Yahoo Inc., based in Sunnyvale, California, is still struggling to revive its revenue growth even though advertisers are spending more on online ads.

  • Tech NewsTech NewsMore>>

  • myFOX Tech

    Phone Rate Plan Wars: T-Mobile vs. Sprint… FIGHT!!

    Phone Rate Plan Wars: T-Mobile vs. Sprint… FIGHT!!

    Thursday, August 21 2014 2:51 PM EDT2014-08-21 18:51:35 GMT
    There's a consumer war being fought right now, the Carrier Wars. Promotions are being thrown about left and right and rate plans are falling like anvils in old Wiley Coyote cartoons. The latest salvo is between T-Mobile and Sprint. Here's what you need to know. 
    There's a consumer war being fought right now, the Carrier Wars. Promotions are being thrown about left and right and rate plans are falling like anvils in old Wiley Coyote cartoons. The latest salvo is between T-Mobile and Sprint. Here's what you need to know. 
  • myFOX Tech

    Sprint Introduces The New Sharp AQUOS Crystal And Family Data Pricing

    Sprint Introduces The New Sharp AQUOS Crystal And Family Data Pricing

    Tuesday, August 19 2014 7:18 PM EDT2014-08-19 23:18:48 GMT
    Sprint had some big news today with the introduction of a gorgeous new Android handset, Sharp's AQUOS Crystal, and new Family plan pricing. 
    Sprint had some big news today with the introduction of a gorgeous new Android handset, Sharp's AQUOS Crystal, and new Family plan pricing. 
  • Tech Check: A private Big Brother or chance for big deals?

    Tech Check: A private Big Brother or chance for big deals?

    Sunday, August 17 2014 10:05 PM EDT2014-08-18 02:05:20 GMT
    What if Big Brother wanted to get you a discount on your next purchase? Would you be willing to give up a little privacy to get a good deal?
    What if a company acted like Big Brother so they could get you a good discount on your next purchase? Would you be willing to give up a little privacy to get a best deal that are relevant to you?
Powered by WorldNow

KSAZ-TV & KUTP
511 W. Adams St.
Phoenix, AZ 85003

Phone: (602) 257-1234
Fax: (602) 262-0177

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices