Yahoo set to outline cost-cutting efforts: Report
Yahoo Inc is expected on Tuesday to outline cost-cutting efforts and give details of how it is evaluating possible acquisitions as it faces pressure from an activist investor, the Wall Street Journal reported, citing a person who was briefed on the plan.
Oct 20, 2014, 11:55 AM ISTYahoo downsizes engineering operations in India; to lay off 300 employees
The move comes more than a week after activist investor Starboard Value LP publicly pressured Yahoo to cut what it referred to as a "bloated" cost structure.
Oct 08, 2014, 12:04 PM IST