https://arstechnica.com/information-technology/2019/01/verizon-cuts-7-percent-of-staff-in-failing-yahooaol-division/

Verizon this week is laying off 7 percent of the 11,385 employees in its failing media division, which includes Yahoo and AOL.

Verizon confirmed the job cuts to Ars and provided the text of an email sent to employees Wednesday. The cuts were reported yesterday by The Wall Street Journal.