World-Herald News Service Search engine firm Yahoo Inc. said April 22 that it will cut 5 percent of its work force after online advertising sales dropped.
SAN FRANCISCO: Yahoo Inc. limited co-founder Jerry Yang's 2008 compensation package to his customary US$1 salary during his final year as chief executive, a tumultuous reign that unraveled after he rebuffed Microsoft Corp.'s US$47.5 billion bid to buy the Internet company.
SAN FRANCISCO: Yahoo! Inc limited co-founder Jerry Yang’s 2008 compensation package to his customary US$1 (RM3.60) salary during his final year as chief executive — a tumultuous reign that unravelled after he rebuffed Microsoft Corp’s US$47.5bil (RM171bil) bid to buy the Internet company.
Internet search company Yahoo Inc. announced Tuesday that it would slash 5 percent of its workforce, as it reported a first-quarter profit that fell sharply from a year earlier but still managed to beat Wall Street's forecasts.
Yahoo Inc said it would cut 5 percent of its workforce worldwide after reporting quarterly profit that met Wall Street expectations.
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