eelixduppy - 12:47 pm on Apr 4, 2012 (gmt 0)
Yahoo Inc. (YHOO) is set to begin a huge round of layoffs on Wednesday as the Internet company tries to cut costs, according to media reports on Tuesday.
The company's move, expected to be announced before the stock market opens for trading in New York, is likely to impact up to 2,000 employees, or about 14 percent of its total workforce.
This is probably a good move for Yahoo. Let's see how this progresses throughout the day.