Yelp lays off 1,000 workers, furloughs 1,100 to make ‘severe’ cost reductions amid coronavirus pandemic
https://www.mercurynews.com/2020/04/09/yelp-lays-off-1000-workers-furloughs-1100-to-make-severe-cost-reductions-amid-coronavirus-pandemic/
Bay Area online-reviews titan Yelp is laying off 1,000 workers and furloughing 1,100 today as it imposes “severe cost reductions” to survive amid the coronavirus pandemic, the company said in a letter to employees.
“The physical distancing measures and shelter-in-place orders, while critical to flatten the curve, have dealt a devastating blow to the local businesses that are core to our mission,” Yelp co-founder and CEO Jeremy Stoppelman said in the letter.
Yelp lays off 1,000 workers, furloughs 1,100 to make ‘severe’ cost reductions amid coronavirus pandemic
Apr 9, 2020, 9:21pm UTC
https://www.mercurynews.com/2020/04/09/yelp-lays-off-1000-workers-furloughs-1100-to-make-severe-cost-reductions-amid-coronavirus-pandemic/
> Bay Area online-reviews titan Yelp is laying off 1,000 workers and furloughing 1,100 today as it imposes “severe cost reductions” to survive amid the coronavirus pandemic, the company said in a letter to employees.
> “The physical distancing measures and shelter-in-place orders, while critical to flatten the curve, have dealt a devastating blow to the local businesses that are core to our mission,” Yelp co-founder and CEO Jeremy Stoppelman said in the letter.