- Google documents Iraqi museum treasures
- EU drops Qualcomm antitrust probe
- Barnes & Noble reports 2Q loss, cuts guidance
- Nokia to ax 220 R&D jobs in Japan
- Fox CEO wants US to join France on Internet piracy
- Newspaper circulation may be worse than it looks
- GE, Vivendi talks over NBC Universal stretch on
- B&N Nook sells out, too late for holiday orders
MOST SHARED
- The Executive Job Search
- Where Do Pardoned Turkeys Go?
- Salvation Army's Kettles Now Credit Card-Ready
- Chinese Overcapacity is Worsening, EU Chamber Warns
- Activision Prepares to Double Dip on ‘Modern Warfare 2’
- US Mint to Suspend American Eagle Gold 1-Ounce Coins
- S&P Stocks Trading at New 52-Week Highs
- Judge Erases Couple's $525,000 Mortgage Payment
- Oil Friday
- Dubai Seeks Debt Delay, Stokes Default Fears
- Black Friday to Avoid Red Ink; Greenback Gets the Blues
- Bankruptcies Jump, Hitting Highest Level in Four Years
- AIG, Ex-CEO Greenberg Reach Pact to Settle Disputes
- Bank of America CEO Search May Extend Into 2010
- Steepest Black Friday Discounts, Revealed
- Fed to Counsel Moviegoers on How to Use Credit Cards
- 'Cancer of Fraud' Permeates Health Care System: Critics
- Where Do Pardoned Turkeys Go?
Text Size 
Yahoo is done with its cost-cutting program and now hiring, Chief Executive Carol Bartz told CNBC Tuesday.
"We're not in cost-cutting mode… we're actually hiring. We're expanding as a company," Bartz said.
Like many companies, Yahoo [YHOO
Loading...
()
] does not issue guidance beyond a quarter, and next quarter is showing growth, she said, adding that the company's results in the third quarter were good, despite a 12 percent fall in revenue.
"The company being down 12 percent year-on-year is basically the new flat if not going up," Bartz said, speaking in Singapore.
 |
The recruitment drive is for people in engineering and user experiences, she said.
Bartz expects regulatory approval for the 10-year partnership deal over search with Microsoft [MSFT
Loading...
()
] in the first quarter next year.
"Governments like to regulate, so they want to look at these things, we're confident that it will pass," she said.
"We're putting a contract together to last us 10 years so both of us want to be very careful," she said when asked when the details of the deal will be finalized.
Bartz reiterated her goal to boost operating profit margin to between 15 percent and 20 percent within the next two or three years by spurring revenue and cutting costs, according to reports from news wires.
Bartz, who plans to meet with Indian Prime Minister Manmohan Singh later this week, said Yahoo plans to expand its operations in India and hire more staff, Associated Press reported.
- Watch the full CNBC interview with Carol Bartz above.
- For nearly three decades, these on-call experts have been dishing advice on how to – and not to – cook turkey.
- Eric Schmidt pledges to create a virtual copy of the Iraq National Museum at Google’s expense.
- Bill Griffeth is taking a leave of absence from CNBC and Power Lunch for a year. Here's a message from Bill.
- More shoppers than ever plan to comparison-shop this season. Who will benefit?
- It may be the most unusual guide to business you'll read.
- How can you get out of debt and back on the road to recovery? Follow these ten steps.
Data is a real-time snapshot *Data is delayed at least 15 minutes