Yahoo To Shut Down Dubai Office in April 2016
Yahoo is closing its last office in the Middle East in Dubai by end of April 2016.The US internet giant had closed its Jordan and Egypt offices in 2014.
“We informed our Dubai-based employees that we have made the difficult decision to close the office by the end of April as a part of Yahoo’s effort to streamline our business and set the company up for long-term growth,” said Carolyn Clark, senior communications manager at Yahoo.
The Dubai Internet City-based company has cut down its operations after entering the Arab World, with the acquisition of Maktoob for $164 million in 2009, as part of restructuring in bid to drive more user traffic and revenue growth. Details