Yahoo To Cut Workforce By 10%

During their third quarter financial report call today, Yahoo announced they will be cutting their employee numbers by 10 percent.

Unfortunately, the employees will not have much coming from any of their Yahoo stocks which are at 52 week lows and the poor financial report will not help improve the numbers. Yahoo closed at 12.07 but in after hours trading following the call the stock was up over 5%.

Related reading

the simpsons news
marketing-cloud-1-360x270
A pair of yellow cartoon hands holds the newspaper The Springfield Shopper, which bears the headline SLEEP IMPORTANT, SAY EXPERTS.
facebook at work
Simple Share Buttons