Yahoo

Yahoo has laid off approximately 40 to 50 employees from its 200-person cybersecurity team, known as The Paranoids, since the start of 2024, representing about a 25% reduction. This includes the complete elimination of its internal red team, which simulated cyberattacks to test defenses, with those functions now being outsourced. The cuts are part of broader strategic adjustments under new CTO Valeri Liborski, aimed at focusing resources on critical security priorities. These layoffs follow a larger company-wide reduction of over 1,600 employees last year, reflecting ongoing restructuring efforts within the tech and media industry to improve profitability.

Yahoo News conducted layoffs on December 5, 2023, as part of a strategic realignment within the media industry. The company eliminated a number of editorial positions, including from its "Originals" teams, and shut down its Gen Z and millennial-focused vertical, "In The Know." While the exact number of affected employees was not publicly disclosed, the cuts impacted multiple areas of the U.S. editorial team. Leadership stated the decision was not budget-driven but aimed at refocusing resources to strengthen Yahoo News as a trusted digital content guide. Some affected staff were offered transitions to other teams, such as commerce or the "Trending & Live" vertical, while others departed. This move reflects broader challenges and restructuring in the digital media sector.

Yahoo laid off 1,600 employees representing approximately 20% of its workforce on 2023-02-09.