It seems like Yahoo is struggling, they plan to cut as many as 650 jobs, or almost 5 percent of its workforce.
Yahoo plans to keep search records
Yahoo plans to extend the amount of time it retains records on what its users search for online, less than two and a half years after breaking from the other big Internet search engines and promising to delete such data promptly. Ref. Source 3
Yahoo! says it will cut 2,000 jobs in a restructuring effort.
"Today's actions are an important next step toward a bold, new Yahoo! -- smaller, nimbler, more profitable and better equipped to innovate," the company said in a statement.
News of the cuts comes as payroll processing firm ADP reports that private companies added 209,000 jobs in March, slightly fewer than in February. Ref. CNN