Yahoo layoffs 2023: IT company to cut 20% jobs
A raft of U.S. companies from Goldman Sachs Group Inc (GS.N) to Alphabet Inc (GOOGL.O) have also laid off thousands this year to ride out a demand downturn wrought by high inflation and rising interest rates.
Yahoo layoffs 2023: Axios first reported the news of the layoffs at Yahoo. (Photo credit: Reuters)