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Yahoo! Reportedly Ready to Lay Off Hundreds More

Yahoo! Inc. (YHOO) next week is slated to reports its first-quarter earnings and anonymous sources are telling news outlets that more layoffs will accompany the repot.

The embattled search engine will cut another several hundred jobs, people familiar with the matter have told the Wall Street Journal and New York Times.

If the cuts materialize, they will be the first big ones under new Yahoo! CEO Carol Bartz. So far she has retooled the executive staff and trimmed management ranks.

Yahoo! has laid off approximately 2,400 people since last year, when then-CEO Jerry Yang was in charge and resisting a Microsoft Corp. takeover.

The company will present its first-quarter 2009 earnings on April 21.


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