[Reuters] Yahoo to lay off 2,000 employees

Posted by: UGN Security

[Reuters] Yahoo to lay off 2,000 employees - 04/04/12 04:57 PM

(Reuters) - Yahoo Inc will lay off 2,000 people, or 14 percent of its workforce, in its deepest round of job cuts in years as new Chief Executive Scott Thompson tries to jumpstart growth while saving hundreds of millions of dollars.