18-02-2016, 11:05 AM
The CEO effort to win back the shareholders' confidence...
Yahoo cuts seven web magazines as part of cost-cutting efforts
18 Feb 2016 07:34
[SAN FRANCISCO] Yahoo! Inc is shutting down seven of its digital magazines as part of Chief Executive Officer Marissa Mayer's effort to trim costs and get the Web company back to growth.
The magazines getting the ax include those focused on food, health, parenting, travel and autos, Martha Nelson, global editor-in-chief, wrote in a blog post on Wednesday. While the dedicated publications will be shuttered, the topics they covered will still be available via other Yahoo sites and services, she said. The new focus will be on four key areas, including news, sports, finance and lifestyle.
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BLOOMBERG
Source: Business Times Breaking News
Yahoo cuts seven web magazines as part of cost-cutting efforts
18 Feb 2016 07:34
[SAN FRANCISCO] Yahoo! Inc is shutting down seven of its digital magazines as part of Chief Executive Officer Marissa Mayer's effort to trim costs and get the Web company back to growth.
The magazines getting the ax include those focused on food, health, parenting, travel and autos, Martha Nelson, global editor-in-chief, wrote in a blog post on Wednesday. While the dedicated publications will be shuttered, the topics they covered will still be available via other Yahoo sites and services, she said. The new focus will be on four key areas, including news, sports, finance and lifestyle.
...
BLOOMBERG
Source: Business Times Breaking News
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