Reports: Yahoo plans more job cuts

Yahoo Inc. will soon announce its first round of job cuts under CEO Carol Bartz, according to reports on Tuesday.

The New York Times and others cited unnamed sources who said several hundred workers could lose their jobs by the time the Sunnyvale company (NASDAQ:YHOO) announces first-quarter earnings on Tuesday. The company has projected that its revenue in the quarter was down as much as 16 percent to about $1.53 billion.

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- Posted: 2009-04-15 08:02:55

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