Saturday, October 26, 2013

Yahoo closing Cairo office

SAN FRANCISCO – Yahoo on Wednesday said that it is closing its Egypt office as part of an effort to restore the faded Internet star to former glory.
“Today, Yahoo announced to employees that we plan to close our Cairo office at the end of this year,” spokeswoman Sara Gorman told AFP in an email.
“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.”
Gorman declined to reveal how many employees it has in the Cairo office and maintained that the Middle East and Africa remain important markets for the company.

Yahoo closing Cairo office

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