Yahoo! Cuts 2,000 Staff

Image representing Yahoo! as depicted in Crunc...

Image via CrunchBase

Yahoo! says it will cut 2,000 jobs in a restructuring effort.

“Today’s actions are an important next step toward a bold, new Yahoo! — smaller, nimbler, more profitable and better equipped to innovate,” the company said.

News of the cuts comes as payroll processing firm ADP reports that private companies added 209,000 jobs in March, slightly fewer than in February.

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