![News Update: Yahoo up Slightly After Trimming 5% of Workforce News Update: Yahoo up Slightly After Trimming 5% of Workforce](https://i.ytimg.com/vi/R2sjD7fqaO0/hqdefault.jpg)
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.