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media/telecom

Yahoo to Cut Workforce by 20%

By
Sahil Patel
· · Source: Axios

Yahoo is eliminating a major piece of its advertising business and plans to lay off more than 1,600 employees—more than 20% of its overall workforce, Axios reports. The move is the result of Yahoo getting out of a part of its ad tech business that helped digital media publishers. The company will shut down its “supply-side platform,” which helps digital publishers sell automated ads on their...

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