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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

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Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

3

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
TechYahoo

Yahoo Just Made Its First Round of Layoffs

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February 11, 2016, 8:52 AM ET
The Davos World Economic Forum 2014
Marissa Mayer, chief executive officer of Yahoo! Inc., pauses during a session on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Wednesday, Jan. 22, 2014. World leaders, influential executives, bankers and policy makers attend the 44th annual meeting of the World Economic Forum in Davos, the five day event runs from Jan. 22-25. Photographer: Chris Ratcliffe/Bloomberg via Getty ImagesPhotograph by Chris Ratcliffe — Bloomberg/Getty Images

Yahoo announced Wednesday it will lay off 107 employees in the first of what is expected to be more than 1,500 job cuts.

The layoffs take effect April 11, and affected employees received 60-day advance notice of the move, Yahoo (YHOO) said in a notice filed with the California Employment Development Department. The layoffs were spread across a range of departments and job titles.

Yahoo shares closed up 1% at $27.10 on Wednesday and are down about 18.5% so far this year.

 

Yahoo CEO Marissa Mayer said during the company’s fourth-quarter earnings call this month it will cut roughly 15% of its workforce as part of a strategy to revamp its core Internet business.

Yahoo had about 11,000 employees as of June 30, according to its website, down from a Dec. 31, 2014, total of about 12,500 full-time employees and what it called fixed-term contractors.

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