Yahoo Middle East has announced plans to close its Dubai office next year putting up to 50 jobs at risk.
The US internet giant will close its Internet City-based office by April 2016 in an attempt to ‘streamline’ its multinational operations.
Yahoo opened the office in 2009 when it acquired Maktoob.com for $164 million, which was then the region’s biggest social network with 19 million users.
In January, around 50 people were made redundant after Yahoo announced its plans to cut the UAE team by half,
Following these cuts the company said it was ‘adamant’ the Dubai office would remain open.
Yahoo has already closed its Middle Eastern offices in Amman, Jordan, and Cairo in Egypt.
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