{"id":83866,"date":"2023-02-10T01:50:14","date_gmt":"2023-02-10T06:50:14","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=83866"},"modified":"2023-02-10T01:29:38","modified_gmt":"2023-02-10T06:29:38","slug":"yahoo-to-lay-off-20-of-staff-by-year-end-beginning-this-week","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2023\/yahoo-to-lay-off-20-of-staff-by-year-end-beginning-this-week.html","title":{"rendered":"Yahoo to lay off 20% of staff by year-end, beginning this week"},"content":{"rendered":"\n<p>(CNBC) Yahoo will lay off more than 20% of its workforce by the end of 2023, eliminating 1,000 positions this week alone, the company said in a statement Thursday. Private equity firm <a href=\"https:\/\/www.cnbc.com\/quotes\/APO\/\">Apollo Global Management<\/a><a href=\"https:\/\/www.cnbc.com\/2021\/08\/25\/verizon-media-leadership-in-doubt-ahead-of-apollo-acquisition-on-sept-1.html\"> acquired 90%<\/a> of Yahoo from <a href=\"https:\/\/www.cnbc.com\/quotes\/VZ\/\">Verizon<\/a> in September 2021. The company had about 10,000 employees at that time, according to PitchBook data.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/02\/09\/yahoo-will-lay-off-nearly-1000-employees-by-end-of-2023.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Yahoo will lay off more than 20% of its workforce by the end of 2023, eliminating 1,000 positions this week alone, the company said in a statement Thursday. Private equity firm Apollo Global Management acquired 90% of Yahoo from [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-83866","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83866","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=83866"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83866\/revisions"}],"predecessor-version":[{"id":83867,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83866\/revisions\/83867"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=83866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=83866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=83866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}