Business Insights Feb 16, 2023
Yahoo to lay off 20% of its staff
Yahoo says that it will lay off 20% of its workforce this year. Some 1,600 people will lose their jobs mainly those working in the advertising department. Yahoo CEO Jim Lazone said the layoffs were not a result of financial difficulties but was more due to the lack of profitability in the company’s business advertising […]
By Jasmime Kaur