Yahoo fires another 5% of its staff

Yahoo will lay off another 600 employees as early as today according to the reports from the sources familiar with the case.

The cuts thus represent about 4-5% of the company’s workforce which came to be 14,100 at the end of September according to Yahoo's website.

Earlier this month the technology blog AllThingsD reported that Yahoo planned to cut 650 employees, and the New York Times newspaper reported on Monday that the cuts could take place as soon as Tuesday.