Yahoo's Bartz Starts Strong

The Net giant's new CEO turns in a solid first quarter, with more cost-cutting ahead
Yahoo reported first-quarter earnings Apr. 21 that were in line with analysts' expectations. Chris Hondros/Getty Images

Cost-cutting helped Yahoo! satisfy investors with its first-quarter earnings report on Apr. 21, and the company announced plans to cut 5% of its staff, on top of 1,600 job cuts in December. But the Internet icon left largely unanswered precisely how it would restore revenue growth beyond waiting for the economy to improve.

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