Layoffs expected at Yahoo by middle of the month
Internet giant Yahoo Inc. expects to layoff thousands of employees in the next two weeks, making good on an October promise by the company to lay off 10% of its global workforce.
Yahoo company officials said they are still parsing through global employment status to determine where the cuts will take place. But some of the 1,000 workers at Yahoo's campus in Burbank could be affected.
In April, Yahoo cut 111 jobs in Burbank as part of a massive restructuring in which hundreds of others at Yahoo offices throughout California were laid off.
As of Tuesday, Yahoo had not filed federal and state mandated notices, called the Worker Adjustment and Retraining Notification, required of companies that intend to lay off more than 50 workers at a time.
Local Internet business shifts its leadership
Burbank-based Submit Express, which provides search-engine optimization and Internet marketing services, announced Tuesday that Allen Horwitz has joined the company as vice president of sales and marketing.
Submit Express was founded 10 years ago and has since become one of the fastest-growing privately held companies in the U.S., officials with the company said.
In his new capacity, Horwitz is slated to play a leading role in iClimber, a division of Submit Express that provides social media marketing services, video optimization, blogging and content writing.