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Yahoo slashes 10% of workforce
News Type: Event — Seeded on Tue Oct 21, 2008 7:57 PM EDT
Article Source: CNNadvertisement
NEW YORK (CNNMoney.com) -- Yahoo announced Tuesday that it plans to cut at least 10% of its workforce, or more than 1,500 employees, in the fourth quarter in an effort reduce costs.
The struggling Internet company also announced sales for the third quarter that were roughly in line with Wall Street's forecasts and earnings that matched expectations.
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 | Monthly job losses cut across 41 states - Oct. 21, 2008 | CNN | Tue Oct 21 | 4 |
| Yahoo to cut at least 1400 jobs globally | Australian News Network | Wed Oct 22 | 0 |
 | Yahoo to dump 1,500 workers as slump deepens | Associated Press | Tue Oct 21 | 3 |
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