Yahoo to slash 1,600 jobs, close units
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(Reuters)- Yahoo Inc Chief Executive Marissa Mayer is set to reveal cost-cutting plans that include slashing 15 percent of the company’s workforce, or roughly 1,600 jobs, and closing several business units, the Wall Street Journal reported on Monday. The plans are expected to be announced after Yahoo’s fourth-quarter results on Tuesday, the Journal reported, citing people…
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D.B. Hirsch is a political activist, news junkie, and retired ad copy writer and spin doctor. He lives in Brooklyn, New York.