Yahoo to narrow focus, cut 15% of jobs

GMT 22:28 2016 Tuesday ,02 February

Arab Today, arab today Yahoo to narrow focus, cut 15% of jobs

Yahoo logo
San Francisco - AFP

Yahoo on Tuesday said it is cutting 15 percent of its workforce and narrowing its focus as it explores "strategic alternatives" for what to do with the faded Internet star.

The announcements came as the California company reported a loss of $4.43 billion in the final three months of last year, due mostly to lowering the value of its US, Canada, Europe, Latin America and Tumblr units.

Arab Today, arab today
Arab Today, arab today
arabtoday arabtoday arabtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabs, Arab, Arab