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Yahoo Estimates $64-78 Million Restructuring Charges, Mostly In First Quarter

Ron Burgundy

By Ron Burgundy,
in Tech News

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Ron Burgundy Omniscient Member

Ron Burgundy

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A man walks past a Yahoo logo during the Mobile World Congress in Barcelona(Reuters) - Yahoo Inc estimated that a plan to cut jobs and other restructuring moves would result in pretax charges of $64 million to $78 million, mostly in the first quarter of 2016. Of the total, $40 million to $48 million would be for severance pay and related cash expenditures, the company said in a regulatory filing on Friday.




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