Nearly 20,000 jobs lost in another week of brutal mass layoffs for tech and media

Yahoo, Dell, Zoom, Disney, and News Corp. joined the growing list of high-profile companies announcing cuts.

On Thursday evening, Axios reported that Yahoo is set to lay off more than 1,600 of its employees. Yahoo’s job cuts equate to over 20% of its workforce and Axios reports that the cuts will hit Yahoo’s ad-tech division hard—with 50% of ad-tech employees set to be let go.

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