04 April, 2012

CNN Breaking News

Yahoo! says it will cut 2,000 jobs in a restructuring effort.

"Today's actions are an important next step toward a bold, new Yahoo! -- smaller, nimbler, more profitable and better equipped to innovate," the company said in a statement.

News of the cuts comes as payroll processing firm ADP reports that private companies added 209,000 jobs in March, slightly fewer than in February.

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