Yahoo Revenues Off 15 Percent, CEO Mayer Announces Restructuring Plan

by Greg Sterling
Yahoo announced Q4 and full-year revenues. While earnings per share were in-line with expectations, revenues (ex-TAC) were down 15 percent. As expected the company confirmed that it would lay off 15 percent of its workforce and also announced a restructuring. During her earnings call remarks CEO Marissa Mayer expressed confidence in the direction of the company while defendi ...Read the full article