Business

Yahoo Leaves Amman

Ben Smith Contributor
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Yahoo announced the closure of another office this morning. The office in Amman, Jordan will be closing its doors in the country by the end of this year.

Yahoo closure comes after the Internet mogul shuttered its doors in India, laying off 400 people last week, according to TechCrunch. Yahoo will be funneling the traffic that was acquired after Yahoo bought on the Arab-based tech company Maktoob for $85 million to its other offices in Dubai and surrounding regions. Yahoo told TechCrunch that there are trying to streamline the global process.

With the closure of the Yahoo office in Amman, Dubai remains the last office in operations in the Middle East, as Cairo’s office was shuttered last year for the same streamlining efforts. When approached by TechCrunch, a Yahoo spokesperson said that while the Amman office is being closed, several of the workers will be moved. There are no future closures expected in the coming weeks.

As the third quarter numbers for Yahoo come in next week, look for how the closures affect their market shares.