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Yahoo Report Declining Profits

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Yahoo was led by new CEO and there's bad news should be noted that company. It is known that Yahoo has just reported their financial information where revenues and profits continued to decline.


Profit declined by 4.2% to $ 228.5 million, where revenue was only reached $ 1.22 billion. It seems that the various changes made ​​by Yahoo has not produced results. At the beginning of this year, Yahoo was fired close to 2,000 employees by reason of a corporate restructuring. Change of leadership also is said to bring a new strategy in which the executive is expected to focus on strong product market.
origin source by Electronista
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