LOS ANGELES - April 14, 2009 - Sunnyvale, Calif.-based Yahoo is trying to reverse three years
of declining profits and has imposed other rounds of layoffs,
including 1,500 workers in December. Yahoo has about 13,700
employees now.
Management had warned another purge could come, depending on the
length and severity of the recession. The new cuts could be
announced next Tuesday when Yahoo reports quarterly earnings, The
New York Times and Wall Street Journal said, citing anonymous
sources.
A Yahoo spokesperson didn't immediately return calls for
comment.
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