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%.

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Image showing front and back of the rumoured iPhone 8 in blush gold colour, which is a kind of peach brown. A caption in the bottom right corner attributes the image to Benjamin Geskin.
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