Yahoo ‘to cut 10% of staff’

Yahoo is working on a plan to cut its workforce by at least 10% — and it could start the process as early as this month — Business Insider has reported, citing sources.

“We are not confirming this rumour or commenting further,” Sarah Meron, a spokeswoman for Yahoo said.

The layoffs would result in more than 1,000 people leaving the tech giant, it was reported.