News Briefs

  Nissan 13, 5772 , 05/04/12

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.

Other archived news briefs:Apr 05 2012, 06:43 AM, 4/5/2012