Yahoo To Fire 2,000, But Direction Still Unclear

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Yahoo on Wednesday said it's laying off 2,000 employees, saving the struggling Internet giant about $375 million a year as it tries to return to solid growth vs. rivals such as Google and Facebook. The cuts represent about 14% of its 14,100 workforce as of year-end. Some analysts say that'll be the end of job cuts for now, but others expect more layoffs. Some analysts have long considered Yahoo (
YHOO
) to be bloated, but observers say the cuts
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