Struggling US
Internet pioneer Yahoo! said Wednesday it would slash some 2,000 jobs in
a purge aimed at transforming into a "smaller, nimbler, more
profitable" company.
Yahoo! chief executive Scott Thompson,
who took the helm in January promising to turn the company around after
a year of falling income, said the job cuts were a "tough decision" to
achieve that goal.
"We are intensifying our efforts
on our core businesses and redeploying resources to our most urgent
priorities," Thompson said in a statement.
"Our goal is to get back to our
core purpose -- putting our users and advertisers first -- and we are
moving aggressively to achieve that goal," he continued.
The restructuring will center on "select" groups and the platforms that support them.
A key focus will be data that drives "deep" personalization for users and return on investment for advertisers. More Read
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