Revenues fall 13% at Yahoo!

Apr 22, 2009 | Uncategorized

Yahoo! has announced it is to cut 5% of its workforce following news that its revenues dropped 13% to $1.58bn in the first quarter of this year, writes Brand Republic. Year-on-year profits fell 78% to reach $118m (£81m) during the same period. The firm is continuing its expansion into the mobile content sector with the […]

Yahoo! has announced it is to cut 5% of its workforce following news that its revenues dropped 13% to $1.58bn in the first quarter of this year, writes Brand Republic. Year-on-year profits fell 78% to reach $118m (£81m) during the same period.
The firm is continuing its expansion into the mobile content sector with the UK launch of Yahoo! Mobile. The site provides easy one-stop access to Yahoo search, email and popular social networks in addition to instant message, address book and calendar tools.
From Brand Republic: http://www.brandrepublic.com, 22/04/2009
Yahoo! Mobile: http://new.m.yahoo.com

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