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Yahoo shrinks to grow

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Yahoo shrinks to grow

E
euronews (in English)

28 Views • Apr 04, 2012

Description

Yahoo is to lay off 2,000 people, that is 15 percent of its workforce.

The web company's deepest round of job cuts in years come as new chief executive Scott Thompson tries to drive innovation within a leaner, more agile company.

The target is to save the equivalent of 285 million euros annually from the cuts

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http://www.euronews.net/