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)

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