The ax swinging has begun at Yahoo. According to Politico, the company is shuttering its Tech, Food, Autos, Health and Music verticals.
In a memo to staffers, Yahoo Tech editor in chief Dan Tynan wrote that the moves were “not entirely unexpected.”
“Despite an enormous set of challenges (most of them internal) they still managed to produce some of the smartest, funniest, most original tech coverage on the Web,” wrote Tynan. “I could not be more proud.”
The closings comes two weeks after Yahoo announced that it was reducing its staff by 15 percent in an effort to attract buyers.
Update
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in