Tuesday, 15 October, 2024
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Yahoo to lay off 20% employees

Yahoo to lay off 20% employees

American multinational technology company Yahoo said Thursday that it will cut 20 per cent of its total workforce by the end of this year as it restructures its advertising unit, just the latest example of the layoffs spreading throughout the tech and media industries. A Yahoo spokesperson said the company’s legacy ad tech division, Yahoo for Business, will be overhauled and transformed into...

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