Archive: 4/5/2012
Daily Israel Report
06:43
Reported

News Brief

  4/5/2012, Nisan 13, 5772

Yahoo to Fire 2,000 Employees


Internet giant Yahoo will fire 2,000 employees, representing 14 percent of its work force, in the largest round of job cuts the company has seen for years.

The cuts are an attempt by new CEO Scott Thompson to renew company growth while saving hundreds of millions of dollars.