1.0 link 83936 <![CDATA[Yahoo to Lay Off 1,000 Workers]]> http://www.huffingtonpost.com/2008/01/29/yahoo-to-lay-off-1000-wor_n_83936.html SAN FRANCISCO &mdash; Yahoo Inc.'s financial funk deepened at the end of 2007, prompting the slumping Internet icon to draw up plans to lay off as many as 1,000 workers.

The Sunnyvale-based company disclosed the upcoming 7 percent reduction in its 14,300-employee work force Tuesday while reviewing a 23 percent drop in fourth-quarter profit and a cautious 2008 outlook. The bad news sent Yahoo shares skidding to their lowest levels in more than four years.

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