GeoCities May Hand Out Pink Slips

By Karen Kaplan

May 4, 1999 12 AM PT

Employees at GeoCities in Marina del Rey will find out today whether they will have jobs with the company after it completes it $3.9-billion merger with Yahoo Inc. At least some of GeoCities’ roughly 300 employees are expected to receive pink slips, and some others will be asked to relocate to Yahoo’s headquarters in Santa Clara. The news will be relayed at an off-site meeting this morning, according to people familiar with the plans. GeoCities executives had no official comment Monday. The merger is on track to close late this month or in early June. GeoCities shareholders are scheduled to vote on it May 28.

Technology and the Internet

Karen Kaplan

Karen Kaplan covers science and medical research for the Los Angeles Times. She has been a member of the science team since 2005, including 13 years as an editor. Her first decade at The Times was spent covering technology in the Business section as both a reporter and editor. She grew up in San Diego and is a graduate of MIT and Columbia University.

GeoCities May Hand Out Pink Slips

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