Yahoo is Laying off 20% of its staff, impacting 1,600 employees
Yahoo has announced a reduction of 20% of its workforce, which will affect 1,600 employees within its ad tech division. This move is a result of Yahoo’s intention to restructure and strengthen its unprofitable Yahoo for Business advertising unit. The layoffs will be carried out in two phases, with 12% of the company (1,000 employees) … Read more