News Update: Yahoo up Slightly After Trimming 5% of Workforce
Yahoo (YHOO) is slightly higher this morning on reports the Internet portal company plans to cut between 600
Yahoo (YHOO) is slightly higher this morning on reports the Internet portal company plans to cut between 600 and 650 jobs, or nearly 5 per cent of its workforce. Affected workers will be notified starting today, several news outlets report.
The company is currently trading up 0.3%, or $0.05, at $16.75.
