Job cuts at Yahoo: Major News! Yahoo will now let go of more than 20% of its workforce. know the specifics

 Job cuts at Yahoo: Major News! Yahoo will now let go of more than 20% of its workforce. know the specifics

Yahoo employees were informed that 12% of the company, or 1,000 employees, would be shown the door, and the remaining 8%, or 600 employees, would be laid off over the course of the following six months.


Yahoo Inc. has begun making cuts. It is said that the corporation has the authority to let go of more than 20% of its workforce. According to reports, the business intends to do this as part of a significant restructure of its ad tech division.

Over 1600 individuals will be impacted.

If reports are to be believed, more than 20% of the company's personnel may leave this unit. Over 50% of Yahoo's ad tech personnel would be impacted by the layoffs, the report claims. It will have an impact on almost 1,600 people.

The first 1,000 employees will be impacted

Yahoo workers were informed earlier on Thursday that 12% of the business, or 1,000 employees, would be shown the door, and that the remaining 8%, or 600 employees, would be let go over the course of the following six months. The CEO of Yahoo claimed in an interview that economic concerns had nothing to do with the decision to fire employees.

Disney is going through a moment of layoffs.

Disney, which has established a reputation in the entertainment industry, has already begun the phase of layoffs. Seven thousand of the company's employees will be let go, it has been decided. Bob Iger, the company's CEO, provided this information. Bob only became CEO last year.

Many businesses have sacked their staff.

At the same time, numerous American businesses have let go of their staff. Zoom, a tech startup, has already made the announcement that 1300 of its employees will be let go on Wednesday. More than 6,000 of Dell's employees would be let go, the company had revealed on Monday.