1. Yahoo Looking To Slash 10 Percent or More of Its Workforce

    Yahoo Looking To Slash 10 Percent or More of Its Workforce

    "We are not confirming this rumor or commenting further", Sarah Meron, a spokeswoman for Yahoo told Reuters on Thursday in an e-mail. This move follows activist investor Starboard Value LP's letter to Yahoo on Wednesday ramping up pressure on Yahoo, taking aim at Chief Executive Officer Marissa Mayer and her leadership team and raising the prospect that a proxy battle is approaching. Starboard ...

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    1. We are not confirming this rumor or commenting further
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