Mike Kern's group is said to be experiencing some cuts, though his isn't the only one.
According to one source in particular, those being fired have had their year-end 2014 bonuses withheld, but that they're being given two months of severance pay. Yahoo has not made any comments on the rumor at this point, nor has it announced any recent restructuring plans.
This comes at a time when Yahoo has struggled to regain its former glory. In the recent past, the company has continually trimmed its services, shutting down those that had been absorbed into other sections or that were not popular enough/profitable enough to justify keeping around.
SOURCE: Business Insider
