Yahoo fires 140 employees

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Flag of the United States

Yahoo disclosed plans on Tuesday to layoff around 140 employees in the latest in a series of job cuts.

The reduction comes a month after the Web portal let around 600 workers go as part of a strategy by Carol A. Bartz, the chief executive, to pare costs and reinvigorate a stagnant business. Previous rounds of layoffs took place in 2009 and 2008.

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