Yahoo to lay off 15% of its workforce as part of 'aggressive strategic plan'

Yahoo (YHOO) announced plans today to implement an “aggressive strategic plan” in an effort to simplify itself as the company’s long-awaited turnaround fails to materialize. As part of that effort, it will be laying off approximately 15 percent of its workforce, consisting of 9,000 employees and fewer than 1,000 contractors. In addition, the company will be […]