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On April 4, 2012, Yahoo announced a cut of 2,000 jobs or about 14 percent of its 14,100 workers.

The cut was expected to save around 5 million annually after the layoffs were completed at end of 2012.

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The portal also gave users access to other Yahoo services like Yahoo!

Search, Yahoo Mail, Yahoo Maps, Yahoo Finance, Yahoo Groups and Yahoo Messenger.

On May 13, 2012, Yahoo issued a press release stating that Thompson was no longer with the company, and would immediately be replaced on an interim basis by Ross Levinsohn, recently appointed head of Yahoo's new Media group.

On May 19, 2013 the Yahoo board approved a $1.1 billion purchase of blogging site Tumblr.

In early 2012, after the appointment of Scott Thompson as CEO, rumors began to spread about looming layoffs.

Several key executives, such as Chief Product Officer Blake Irving, left.Yahoo provided Internet communication services such as Yahoo Messenger and Yahoo Mail.As of May 2007, its e-mail service would offer unlimited storage.Yahoo Photos was closed on September 20, 2007, in favor of Flickr.On October 16, 2007, Yahoo announced that it would discontinue Yahoo 360°, including bug repairs; the company explained that in 2008 it would instead establish a "universal profile" similar to the Yahoo Mash experimental system. was the highest-read news and media website, with over 7 billion views per month, being the sixth most visited website globally in 2016.

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