SAN FRANCISCO - OCTOBER 21: Cars drive by a Yahoo billboard October 21, 2008 in San Francisco, California. Yahoo announced today that it will cut at least 1,400 jobs from from its workforce after reporting dismal third quarter earnings. Yahoo reported a 64 percent drop in earnings to $54.3 million, or 4 cents per share comapred to $151.3 million, or 11 cents per share one year ago.