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Yahoo tor cut 10% of its workforce
microsoft then returned in the early slummer, with a joint takeover offer from it self and activist investor carl icahn, who owns 5% of yahoo's shares .
instead yahoo agreed to give major icahn and two of his nominees places on a newly expanded board .
yahoo is to cut about 1,500 jobs - 10% of its global workforce - as it tries to restore the company's forturnes in the face of direclining profits .
Generated 2008-10-23_21:41
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