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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 —…
Gitlab to lay off 7% of staff
Earlier today, GitLab CEO Sid Sijbrandij sent the following note to GitLab team members. Dear GitLab team members, I have made the decision to reduce the size of our team by 7%. This was a very difficult decision, and I understand this may be unexpected to some of you. I’d like to give some context…