It's never good news when a big company decides to scale back its operations. As part of Yahoo's refocusing, the search company has reduced its workforce by about 14 per cent, laying off 2000 workers.
Workers will be notified of redundancies today as Yahoo CEO Scott Thompson attempts to rid the company of non-essential personnel for its new direction.
The saddest part is that this isn't the first major cull at Yahoo. In the last four years alone, this is the sixth major cut but also the largest of the six.