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12 February 2023

Yahoo layoffs: 'Beneficial for overall profitability of company', says CEO Jim Lanzone

Yahoo layoffs 2023: Yahoo is laying off around 20 per cent of its workforce, or 1,600 employees, that will impact half of the company's ad tech business. In an interaction with Axios, Yahoo CEO Jim Lanzone said that these changes will be "tremendously beneficial for the profitability of Yahoo overall".

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