Yahoo to say it is exploring 'strategic alternatives': CNBC, citing Dow Jones

(Reuters) - Yahoo Inc is expected to say it is exploring "strategic alternatives" after markets close on Tuesday, CNBC reported, citing Dow Jones. Yahoo, which is also scheduled to reports fourth-quarter results after the markets close, declined to comment. Chief Executive Marissa Mayer is set to reveal cost-cutting plans that include slashing 15 percent of the company's workforce, or roughly 1,600 jobs, and closing several business units, the Wall Street Journal reported on Monday. (Reporting b