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Archive Home > 2008 > October > 22 > Yahoo to slash jobs

Yahoo to slash jobs


October 22, 2008

SAN FRANCISCO — Yahoo said Tuesday that it would lay off at least 10 percent of its 15,000 workers as it tries to bring down its expenses. It said reduced marketing budgets had taken a bite out of its online advertising business, sending its net income for the third quarter tumbling by....

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