Yahoo To Layoff 20% Of Staff? (YHOO)

just posted an article regarding Yahoo

that could potentially be more damaging than any broken server. According to the report, there are rumors going around that Yahoo will lay off 20% of its staff, which means 2,500 people of the company's 14,000 employees will be out of a job. Yahoo closed at $16.80 today, down 14 cents for a loss of 0.8%.