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Yahoo to lay off 20% of staff by year-end, beginning this week

Por: NBC News Business February 10, 2023

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Yahoo will lay off more than 20% of its workforce by the end of 2023, eliminating 1,000 positions this week alone, the company said in a statement Thursday. Private equity firm Apollo Global Management acquired 90% of Yahoo from Verizon in September 2021. The company had about 10,000 employees at that time, according to PitchBook data. Axios reported that more than 1,600 workers would lose their jobs in the latest cuts, suggesting the... + full article



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