YAHOO to slash 20% of workforce (1,600 workers) including 50% of ads team

Gaius · 2023-02-09T21:01:57.884Z

And the hits just keep coming.

The company said about 1,000 of those cuts would occur by the end of the week.

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CNBC – 9 Feb 23

Yahoo to lay off 20% of staff by year-end, beginning this week

Yahoo will lay off more than 20% of staff, or around 1,600 workers, with the company's Yahoo for Business being slashed in half, the company said.

Liberty323 · 2023-02-09T22:38:15.270Z

I’m honestly surprised Yahoo has made it this long. I still have an active Yahoo email address I opened in 1997.

Gaius · 2023-02-09T22:40:42.753Z

I use their news service a lot.
I keep running into news stories with paywalls, but when I search a little . . . there they are free on Yahoonews.

conan · 2023-02-09T22:51:02.514Z

I hope lot of these tech industry layoff can only find jobs in service industry…they all need a wake up call.

Impenitent · 2023-02-09T22:53:10.616Z

I’ve always wondered what kind of Yahoo would actually work at a place called Yahoo…

Nemesis · 2023-02-09T22:55:06.915Z

What sort of wake up call?

Weedhopper · 2023-02-09T22:56:23.409Z

I see an oil boom once the dust settles.

Gaius · 2023-02-09T23:00:18.349Z

conan:

I hope lot of these tech industry layoff can only find jobs in service industry…they all need a wake up call.

Laid-off tech worker?
It’s probably a good time to consider going back and getting a masters.
It’s not an affordable option for everyone, but it should be considered.

Toll_Collector · 2023-02-10T00:36:23.655Z

Nemesis:

What sort of wake up call?

I guess like a real job reality check. The service industry is rough. I wouldn’t want to do it.

Nemesis · 2023-02-10T02:18:45.034Z

Toll_Collector:

Nemesis:

What sort of wake up call?

I guess like a real job reality check. The service industry is rough. I wouldn’t want to do it.

Yes worked in it myself years ago but not sure that just because someone is not doing manual work that its somehow less real or has less value.

Toll_Collector · 2023-02-10T13:55:20.807Z

Nemesis:

Toll_Collector:

Nemesis:

What sort of wake up call?

I guess like a real job reality check. The service industry is rough. I wouldn’t want to do it.

Yes worked in it myself years ago but not sure that just because someone is not doing manual work that its somehow less real or has less value.

I don’t think anyone suggested it had less value. Just that it was a hell of a lot tougher. Nothing coming easy now.

Gaius · 2023-02-10T13:59:08.697Z

Toll_Collector:

I don’t think anyone suggested it had less value. Just that it was a hell of a lot tougher. Nothing coming easy now.

Kids who grew up fixing bicycles and building treehouses and (if they were pro-level kids) building mini bikes and go karts out of lawn mower engines became one kind of worker. (They would have hated a desk job)

Kids who grew up on smart phones and computers became another kind of worker.
(They would hate working with their hands, working while standing up etc…)

Toll_Collector · 2023-02-10T14:05:57.183Z

Gaius:

Toll_Collector:

I don’t think anyone suggested it had less value. Just that it was a hell of a lot tougher. Nothing coming easy now.

Kids who grew up fixing bicycles and building treehouses and (if they were pro-level kids) building mini bikes and go karts out of lawn mower engines became one kind of worker. (They would have hated a desk job)

Kids who grew up on smart phones and computers became another kind of worker.
(They would hate working with their hands, working while standing up etc…)

I hated both. I got a desk job because I did not want manual labor. But the desk job was brutal at Verizon. I suffered it to avoid manual labor. I then went into tolls. It was the best compromise. No bosses. Wasn’t manual labor. And I wasn’t stuck in an office with partitions.

Gaius · 2023-02-11T00:49:40.595Z

n 2022 there were 1,044 tech companies that laid off 159,786 employees

In 2023, so far, 366 tech companies have laid off 101,657 employees

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