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Yahoo will eliminate 1,000 jobs in latest tech workforce cuts

Por: Los Angeles Times Business February 10, 2023

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Yahoo Inc. will eliminate about 1,000 jobs beginning this week, or roughly 12% of its employees, the first round of cuts in a larger plan to restructure its advertising tech division amid a wave of layoffs in the industry. The company, owned by Apollo Global Management Inc., plans to reduce head count at its Yahoo for Business ad tech unit by almost 50% by the end of 2023, or more than 20% of the workforce at Yahoo, a company spokesperson said.... + full article



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