Yahoo may be shedding jobs but Skype, the internet video-calling business owned by Microsoft, is set to create about 400 new posts in five cities, initially looking to take on staff in London and Stockholm and then at a later stage in Tallinn (Estonia), Prague (Czech Republic) and Palo Alto in California. The new jobs would cover software engineering, product management and design and once all the new positions are filled, the company expects to have 1,600 employees worldwide.
