Yahoo Inc said it would cut 5% of its global workforce and reported quarterly results that showed progress towards controlling costs, sending shares higher in an after-hours relief rally.
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Yahoo to cut 5% of global workforce
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AOL to cut several hundred jobs in India: sources
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Yahoo's Yang to step down
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Yahoo to lay off about 600 employees
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Yahoo delays annual meeting
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Rate cut clearly indicates a shift in policy stance towards boosting growth:
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BarCap cuts jobs after a slowdown in activity
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Huntsman Corp. to cut 1,175 jobs
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Yahoo cuts about 600 jobs, or 4% of work force >yhoo
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Yahoo CEO Jerry Yang to step down
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Yahoo shares break through low zone
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J&j to cut 6-7 of workforce in fourth quarter
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Yahoo!7 predicting strong growth
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Yahoo sweeps out CEO
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Microsoft to slash 5,000 jobs
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Microsoft bids $44.6 billion for Yahoo
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Yahoo postpones general meeting