Yahoo (YHOO) layoffs are expected to come this Wednesday in the U.S. and Thursday overseas, reports PandoDaily.com. Citing a person familiar with the plans, initial layoffs and gutting of Yahoo Research is only 25% of what new CEO Scott Thompson and Boston Consulting Group have planned.
Yahoo Inc's board has approved a deal to buy blogging and social networking site Tumblr for $1.1 billion in cash, …