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As Many As 500 Jobs Cut at Yahoo!

ylogo.jpgEven though they have a new chief executive, Yahoo isn’t safe from another round of layoffs. Though they lost close to 2400 employees last year, the search giant is still looking for ways to trim costs.

The cuts are said to take place in what CEO Carol Brazt deems “none essential” Yahoo entities, including sites like HotJobs, reports the New York Times.

The layoffs could affect several hundred employees and may be announced as early as Tuesday when Yahoo reports first-quarter financial results, said these people, who agreed to speak on condition of anonymity because the plan is confidential.

The company has recently resumed talks with Microsoft for potential sale.

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