Thursday, 24 October 2013

Yahoo Closes Cairo Office

Yahoo Egypt employees were in for a bad news yesterday as the internet company announced the closing of its office in Cairo by the end of the year.


"This decision is part of Yahoo's global effort to streamline operations, encourage collaboration by bringing more Yahoos together in fewer locations, and build a strong global business that is set up for long-term growth." spokeswoman Sara Gorman told AFP yesterday in an email.

Though Gorman didn’t specify the number of employees being laid off, she confirmed that the Middle East and North Africa remain important markets and that Yahoo will continue to operate from their offices in Amman and Dubai.

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