Jan 16 (Reuters) - Yellow Pages Ltd Y.TO :
* YELLOW PAGES LIMITED ANNOUNCES ACTIONS TO REDUCE SPENDING AND COST STRUCTURE
* YELLOW PAGES LTD - WILL TAKE MEASURES TO REDUCE ITS WORKFORCE BY APPROXIMATELY 500 POSITIONS
* YELLOW PAGES - EXPECTS TO INCUR RESTRUCTURING CHARGE OF ROUGHLY $17 MILLION ASSOCIATED WITH RESTRUCTURING IN Q1 OF FISCAL 2018
* YELLOW PAGES LTD - WORKFORCE REDUCTION OF ABOUT 18% OF ITS EMPLOYEES, WITH REDUCTIONS OCCURRING ACROSS CANADA AND IN ALL FUNCTIONS OF BUSINESS