Internal restructuring
Location of affected unit(s)
Ireland, USA
Information / Communication
Information Service Activities
Digital Infrastructure Services
63.1 - Data processing, hosting and related activities; web portals

1,700 jobs
Number of planned job losses
Job loss
Announcement Date
9 February 2023
Employment effect (start)
9 February 2023
Foreseen end date
31 December 2023


Yahoo has announced a global restructuring plan to cut 1700 jobs from it's global workforce. Over half of the job cuts are expected to be in the company's business ad tech unit. Unlike much of the 'big tech' restructuring occurring during the end of 2022 and beginning of 2023, Yahoo has said this is not due to a drop in demand for advertising, but rather a restructuring of the advertising department, creating a new division called Yahoo Advertising, focusing ad sales on the company’s properties, including Yahoo Finance, Yahoo News and Yahoo Sports. 

In parallel to the job cuts, Yahoo is still expanding and has stated it will look to relocate employees impacted by the job cuts to other units in the company, where possible. The restructuring process for employees and the involvement of social partners has not been mentioned. 



Eurofound (2023), Yahoo, Internal restructuring in World, factsheet number 108600, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/108600.