Yahoo will dismiss more than 20% of employees

@Interfaks
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Moscow. February 10. information agency "Interfaks" - Yahoo! Inc. plans to reduce more than 20% of global staff, or over 1,6 thousand people, within efforts on decrease in expenses. To the first about reductions wrote the Axios edition, later the representative of companies confirmed MarketWatch information. Dismissals will mention unprofitable spheres activity companies, and advertizing businesses will especially strongly concern. Now the owner of Yahoo is the Apollo Funds investment company which has bought firm from Verizon Communications Inc. in 2021...
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