Yahoo cuts jobs, plans spin-off & looks at strategic alternatives

Yahoo cuts jobs, plans spin-off & looks at strategic alternatives

The Yahoo logo is shown at the company's headquarters in Sunnyvale, California April 16, 2013. The company will release its quarterly results on Tuesday. REUTERS/Robert Galbraith

Yahoo Inc said on Tuesday it would consider “strategic alternatives” for its core Internet business and cut about 15 percent of its workforce, even as it continues with its plan to revamp the business and spin it off.

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