Yahoo (YHOO) announced last week plans to shutter its business in South Korea as a result of plans to restructure the company. The search engine on Tuesday officially began notifying employees of the closure and will be eliminating 200 jobs as a result, according to Reuters. Yahoo CEO Marissa Mayer previously said that the decision was part of the company’s efforts to streamline operations and focus its resources on building a stronger global business that’s capable of long-term growth and success.
