Yahoo disclosed plans on Tuesday to layoff around 140 employees in the latest in a series of job cuts.
The reduction comes a month after the Web portal let around 600 workers go as part of a strategy by Carol A. Bartz, the chief executive, to pare costs and reinvigorate a stagnant business. Previous rounds of layoffs took place in 2009 and 2008.
Tuesday’s cuts were focused on Yahoo’s marketing team, according to a person briefed on the matter who was not authorized to speak on the record. They represent about 1 percent of Yahoo’s global workforce.
“The personnel changes we are making are part of our ongoing strategy to best position Yahoo for revenue growth and margin expansion and to support our strategy to deliver differentiated products and experiences to the marketplace,” the company said in a statement. “We’ll continue to hire on a global basis to support our key priorities.”
Yahoo announced its fourth-quarter earnings Tuesday afternoon; analysts are not expecting blockbuster results. Ms. Bartz has said that Yahoo’s turnaround will take time.
Her strategy is to focus on Yahoo’s strengths like display advertising and editorial content. Several products that are not central to her plans are to be shuttered or sold, including Delicious, a bookmarking service.