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Yahoo! hired Thompson as CEO in January 2012. [4] In early April 2012, Thompson announced and executed a plan to reduce Yahoo!'s 14,000 employees by 2,000, or 14% of the workforce. [5] Several executives left Yahoo! just before the layoffs began. [6] [7] On March 14, 2012, Yahoo! filed a patent lawsuit against Facebook over ten patents.
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Yahoo! Yahoo! Inc. is an American multinational technology company that focuses on media and online business. It is the second and current incarnation of the company, after Verizon Communications acquired the core assets of its predecessor and merged them with AOL in 2017. [ 6][ 7] The resulting subsidiary entity was briefly called Oath Inc ...
History of Yahoo! Yahoo! was founded in January 1994 by Jerry Yang and David Filo, who were electrical engineering graduates at Stanford University [ 1] when they created a website named "Jerry and David's Guide to the World Wide Web". The Guide was a directory of other websites, organized in a hierarchy, as opposed to a searchable index of pages.
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Yahoo! has instituted a policy in which it is to eliminate the option of working from home for its employees, according to an internal memo from Executive Vice President of People and Development ...
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