Yahoo To Lay Off More Than 20% Of Staff: Report

The cuts will impact more than 50% of Yahoo's ad tech employees more than 1,600 people, according to the report.

Reuters
World News
Feb 10, 2023 00:52 IST

Read Time: 1 min

Yahoo is planning to lay off more than 20% of its total workforce.

California:

Yahoo Inc plans to lay off more than 20% of its total workforce as part of a major restructuring of its ad tech unit, Axios reported on Thursday, citing company executives.

The cuts will impact more than 50% of Yahoo's ad tech employees — more than 1,600 people, according to the report.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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Yahoo To Lay Off More Than 20% Of Staff: Report

The cuts will impact more than 50% of Yahoo's ad tech employees more than 1,600 people, according to the report.