Yelp lays off 1,000 employees and furloughs 1,100 more

Yelp lays off 1,000 employees and furloughs 1,100 more

4 years ago
Anonymous $9CO2RSACsf

https://techcrunch.com/2020/04/09/yelp-lays-off-1000-employees-and-furloughs-1100-more/

Yelp co-founder and CEO Jeremy Stoppelman announced in an internal email that the company is going through difficult times. Yelp has to cut expenses, which means a large round of layoffs and some additional measures. 1,000 employees have been laid off.

According to an SEC filing, Yelp had 5,950 employees as of December 31, 2019. Today’s layoffs represent a 17% staff reduction.