2000 jobs cut at Yahoo

Recently known as, popular search engine & online service Yahoo will eliminate 2000 jobs.
Hence there would be cut off 14% employees of their workforce-news from Reuters.
It said, new CEO Thompson took this decision for saving money. As Yahoo is hardly competing with search engine Google & social network site facebook these days.

Reuters said there were 14000 employees at Yahoo in the last of 2011.So they would be able to save 315 million a year by this job cut. Though, the authorities refused to explain anything about this matter.

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