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03-Oct-2017 05:03

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On April 4, 2012, Yahoo announced a cut of 2,000 jobs or about 14 percent of its 14,100 workers.The cut was expected to save around 5 million annually after the layoffs were completed at end of 2012. At its height it was one of the most popular sites in the United States.

On May 19, 2013 the Yahoo board approved a

On May 19, 2013 the Yahoo board approved a $1.1 billion purchase of blogging site Tumblr.

On June 16, 2017, parts of the original Yahoo Inc, which were not purchased by Verizon Communications, were renamed Altaba Inc.

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On May 19, 2013 the Yahoo board approved a $1.1 billion purchase of blogging site Tumblr.On June 16, 2017, parts of the original Yahoo Inc, which were not purchased by Verizon Communications, were renamed Altaba Inc.

.1 billion purchase of blogging site Tumblr.On June 16, 2017, parts of the original Yahoo Inc, which were not purchased by Verizon Communications, were renamed Altaba Inc.