Herr Oberst (herr_0berst) wrote,
Herr Oberst

о хронике пикирующего бобмардировщика

[ ... ] Verizon will slash about 7% of its Media Group amid missed revenue goals, reports The Wall Street Journal, amounting to roughly 800 staffers. (Globally, Verizon Media Group comprises some 11,385 employees).

The Media Group, headed up by former Alibaba exec Guru Gowrappan, comprises Yahoo, Tumblr, AOL, HuffPost, TechCrunch, Engadget, and more. The cuts are occurring after a monthlong internal review, according to the Journal, and Gowrappan told staffers in a memo that, going forward, the Group would narrow its focus on mobile and video-based products — with a stated emphasis on its Yahoo-branded entertainment and news platform.
Tags: finance, it, tech, tumblr

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