Yahoo reports profit boost

Yahoo reports profit boost for latest financial quarter, but still lagging way behind Google
Yahoo reports profit boost for latest financial quarter, but still lagging way behind Google

While nobody likes recession-driven redundancies, Yahoo's latest third-quarter profits show that its cost-cutting strategy over the last year has helped to turn the company around.

Yahoo's third quarter profits in 2009 are over treble that for the same quarter last year, with the company having cut more than 2000 jobs over the last year.

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