Yahoo to cut 2000 jobs

Yahoo to cut 2000 jobs
Updated on

Summary Yahoo has announced to cut roughly 2,000 jobs.

US Internet firm Yahoo announced Wednesday it was cutting roughly 2,000 jobs as it seeks to build a smaller, nimbler, more profitable company and reduce costs.We are intensifying our efforts on our core businesses and redeploying resources to our most urgent priorities. Our goal is to get back to our core purpose -- putting our users and advertisers first -- and we are moving aggressively to achieve that goal, said Scott Thompson, chief executive of Yahoo, in a statement.
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