Yahoo (YHOO) announced another round of layoffs on Jan 25, this time eliminating 140 positions.
The most recent cuts came from the company's marketing team, according to the New York Times who cited a source briefed on the matter. This is about 1% of Yahoo's total workforce.
"The personnel changes we are making are part of our ongoing strategy to best position Yahoo for revenue growth and margin expansion and to support our strategy to deliver differentiated products and experiences to the marketplace," the company said in a statement. "We'll continue to hire on a global basis to support our key priorities."In December Yahoo said it was slashing 600 positions, or about 4% of its workforce. In 2009, Yahoo eliminated about 700 workers on top of 1,400 layoffs in 2008.
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