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Yahoo is at 7,000 people prior to these layoffs, working back from the percentage. In 2019 they had 10,500: https://variety.com/2019/digital/news/verizon-media
by Macha 4y ago
Yahoo is at 7,000 people prior to these layoffs, working back from the percentage.
In 2019 they had 10,500: https://variety.com/2019/digital/news/verizon-media-layoffs-150-employees-aol-yahoo-1203432680/# https://variety.com/2019/digital/news/verizon-media-layoffs-...!
In 2017, when Verizon acquired them, they laid off 2,100 employees. https://www.fastcompany.com/4040668/tim-armstrong-confirms-yahoo-layoffs-also-marissa-mayer-is-officially-out https://www.fastcompany.com/4040668/tim-armstrong-confirms-y...
The CEO at the time indicated this was a 15% cut (https://www.yahoo.com/entertainment/oath-ceo-tim-armstrong-details-layoffs-yahoo-aol-151901350.html https://www.yahoo.com/entertainment/oath-ceo-tim-armstrong-d...), so working backwards they had 14,000 people in 2017.
So in short Yahoo has shrunk to half over the last decade, despite mergers with AOL and other acquisitions
- tarentel 4y agoYahoo did not have 14k people in 2017 I left yahoo shortly before the merger. The article says it was between yahoo and AOL. There were many layoffs prior to the merger probably only about ~9000 people were around in 2017. You are correct though, they shrunk to half over the last decade but they had already shrunk by about half in 2017.
- Macha 4y agoThe yahoo that exists today is the Yahoo+AOL post-merger entity, so 14,000 is the right number to compare it to. It's not like all those AOL properties were canned - the business unit with the shutdown announced today came from the AOL side of the merger, as did the site linked in this topic for example.