Yahoo looking to slash 10% or more of its workforce

Yahoo looking to slash 10% or more of its workforce

Yahoo Inc is working on a plan to cut its workforce by at least 10 percent and it could start the process as early as this month, Business Insider reported, citing sources.

Yahoo reverses course on plan to spin off Alibaba stake

Yahoo reverses course on plan to spin off Alibaba stake

Yahoo Inc shelved plans to spin off its stake in Chinese e-commerce giant Alibaba Group Holding Ltd on Wednesday, under pressure from activist investors worried about billions of dollars in taxes, and said instead it is looking at creating a separate company to hold the rest of its assets.

 

Yahoo profit beats estimates at $312 mn

The California Internet company said it earned USD 312 million on revenues of USD 1.1 billion, topping most analyst forecasts.

Yahoo honeymoon hits reality for Internet sweatheart Mayer

The axing this week of Yahoo`s second-in-command sent a signal that reality is setting in for Silicon Valley sweetheart Marissa Mayer, who leads the struggling Internet pioneer.