Yahoo’s shareholders approved the expected sale of Yahoo to Verizon, and, in news much more disturbing than the previously disclosed name of the combined Yahoo-AOL entity that will be known as Oath is the prospect of about 2,100 job cuts across both organizations, representing about 15 percent of the combined staffs. The news was first reported by TechCrunch.
The cuts will be aimed at Oath, which will be led by AOL CEO Tim Armstrong, with some departments likely to be hit harder than others.
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