Just days after Yahoo (YHOO) announced that it was laying off 4% of its workforce, the company announced another restructuring move.
Yahoo said that it plans to shut down some "non-core" Web sites in the next few months as part of its broad restructuring plan. Yahoo Buzz and Traffic APIs were two sites Yahoo named in a statement late Thursday, while All Things Digital reported that MyBlogLog, Yahoo Picks, AltaVista, Yahoo Bookmarks and Delicious were also on the chopping block.
"Part of our organizational streamlining involves cutting our investment in underperforming or off-strategy products to put better focus on our core strengths and fund new innovation in the next year and beyond," Yahoo said in a statement.
On Tuesday, Yahoo said it was eliminating about 560 employees. It was the fourth layoff announcement in three years.
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