Yahoo is Prepping to Lay Off 10 Percent or More of Its Workforce

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Major layoffs will be coming to Yahoo as part of its planned reorganization to get its business back on track.

The company is working on a plan to cut at least 10% of its workforce, said sources familiar with the situation. The cuts would reduce Yahoo's headcount by more than a thousand employees and could begin as early as this month, the sources said.

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