Yahoo plans to lay off 20%+ of its workforce and restructure its ad tech unit, impacting 50%+ of the unit, or 1,600+ people; CEO says the cuts are “strategic”
More than 1600 employees will be impacted — 50% of Yahoo's ad tech unit being cut https://www.axios.com/... Matt Barash / @mjbarash : The buy side (DSP) play probably wasn't on a ton of bingo cards. The video product has a ton of buzz & momentum. An underdog in the race to disrupt the status quo perhaps? Can't not feel for those impacted but root for those carrying the torch. https://www.axios.com/... Dez Blanchfield / @dez_blanchfield : Sadly nothing to “Yahoo” about as the company is dumping more than 20% (almost two thousand) of staff as it shrinks ad tech biz.. https://www.axios.com/... Barry Schwartz / @rustybrick : Yahoo also https://twitter.com/... Ina Fried / @inafried : Scoop from @sarafischer : yahoo keeps shrinking. The venerable internet company is cutting 20% of staff. https://www.axios.com/... Sara Fischer / @sarafischer : The changes will end Yahoo's years-long effort to compete directly with Google and Meta for digital advertising dominance — Yahoo is shutting down its SSP and native ad businesses but keeping its DSP biz https://twitter.com/... Jo Trader / @jotrader4 : Yahoo. Percentage wise thats one of the bigger ones. https://www.axios.com/... See also Mediagazer
🚨Exclusive: @Yahoo to lay off more than 20% of staff as it shrinks ad biz — More than 1600 employees will be impacted — 50% of Yahoo's ad tech unit being cut https://www.axios.com/...
The buy side (DSP) play probably wasn't on a ton of bingo cards. The video product has a ton of buzz & momentum. An underdog in the race to disrupt the status quo perhaps? Can't not feel for those impacted but root for those carrying the torch. https://www.axios.com/...
Sadly nothing to “Yahoo” about as the company is dumping more than 20% (almost two thousand) of staff as it shrinks ad tech biz.. https://www.axios.com/...
The changes will end Yahoo's years-long effort to compete directly with Google and Meta for digital advertising dominance — Yahoo is shutting down its SSP and native ad businesses but keeping its DSP biz https://twitter.com/...