Yahoo Plans To Cut 15 Percent Of Workforce, Reports $4.5B Writedown On Tumblr, Americas And Europe

00:55 03.02.2016
Yahoo confirmed plans today to lay off approximately 15 percent of its workforce. The company also released its its fourth quarter earnings report, with revenue of $1.27 billion and earnings per share of 13 cents. That’s pretty close to analyst estimates — they’d predicted revenue of $1.19 billion and EPS of 13 cents. The Wall Street Journal previously reported that a… Read More...
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