Yahoo will lay off 20% of staff, or 1600 people

Yahoo is laying off 20% of its staff, impacting 1,600 employees in its ad tech business. Yahoo is the parent company to TechCrunch. Employees were notified on Thursday that 12% of the company (1,000 employees) would be laid off before the end of the day. In six months, another 8% — or 600 people — […] Yahoo will lay off 20% of staff, or 1600 people by Amanda Silberling originally published on TechCrunch...