Yahoo cuts 2000 jobs, 14 percent of workforce

http://en.wikipedia.org/wiki/Yahoo!

Yahoo has released a statement saying it will be cutting 2,000 jobs or 14 percent of its total workforce. Yahoo says that it will save $375 million upon completion of the layoffs and expects $125 to $145 million in a pretax cash charge relating to employee severance packages. 

Read more: Yahoo cuts 2000 jobs, 14 percent of workforce

Story added 5. April 2012, content source with full text you can find at link above.