Yahoo! faces third round of layoffs

SUNNYVALE, CA

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A person with knowledge of the plan says the cuts will affect several hundred employees.

According to /*"The New York Times,"*/ the new cuts could be announced next week when /*Yahoo!*/ reports quarterly earnings.

The cuts would be the first under new CEO /*Carol Bartz*/.

Yahoo! slashed about 1,600 jobs worldwide at the end of last year.

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