FILE - This Wednesday, Oct. 17, 2012, file photo, shows a sign in front of Yahoo headquarters in Sunnyvale, Calif. In discussions that began Wednesday, Dec. 2, 2015, Yahoos board is mulling an activist shareholders demand to sell the Internet services that define the company to avoid paying more than $10 billion in taxes on its gains from a lucrative investment in Chinas Alibaba Group. (AP Photo/Marcio Jose Sanchez, File)
Yahoo will lay off 15 per cent of its workforce, the group said on Tuesday, as it announced it would explore strategic alternatives that could include a sale of its core internet business amid pressure from investors.
The cost-cutting plan and sweeping strategic review marks Yahoo’s first direct
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