back to article Yahoo! profits! derailed! by! restructuring! costs!

A hefty restructuring bill has pushed troubled web firm Yahoo!'s second quarter profit down 4 per cent. The firm announced its results just a day after appointing its latest CEO, ex-Googler Marissa Mayer, the third chief to take the reins in little over a year. Yahoo! said profit eased down to $226.5m in Q2, slipping from $ …


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Reduced profits due to restructuring

Oh good. Nothing to do with being completely shit, then.

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