Bloomberg News

Yahoo Cuts 2,000 Jobs to in Effort to Reduce Costs

April 04, 2012

Yahoo! Inc. (YHOO:US), the largest U.S. Web portal, is eliminating about 2,000 jobs, or 14 percent of its workforce, to help Chief Executive Officer Scott Thompson cut costs and accelerate a turnaround effort. Bloomberg’s Emily Chang and Cory Johnson report on Bloomberg Television’s “Bloomberg West.” (Source: Bloomberg)

Running Time: 03:25


Tim Cook's Reboot
LIMITED-TIME OFFER SUBSCRIBE NOW

Companies Mentioned

  • YHOO
    (Yahoo! Inc)
    • $42.65 USD
    • 0.57
    • 1.33%
Market data is delayed at least 15 minutes.
 
blog comments powered by Disqus