Bloated Yahoo May Face Job Cuts After Sale of Core Assets

  • Second-quarter results forecast to show big decline in sales
  • CEO pledge to reduce headcount by 15% this year isn’t enough

Yahoo! Inc. may have a new owner before long. Whoever emerges victorious from the months-long bidding battle will face the difficult task of whittling down a company burdened by one of the the highest cost structures in its corner of the technology sector.

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