Posted on 01/23/2019 8:51:09 PM PST by catnipman
The Verizon division formerly known as Oath is laying off 7 percent of its workforce, which amounts to roughly 800 employees.
Oath was created after Verizon acquired AOL, followed by Yahoo, bringing them together two years ago as a combined digital media entity with a new name. However, it seems that the organization hasn’t performed as well as Verizon executives had hoped, with layoffs, the departure of AOL CEO Tim Armstrong and Verizon’s recent $4.6 billion writedown on the media business
(Excerpt) Read more at techcrunch.com ...
Tough crap. Never, ever use their services. They used to be “General Telephone.” The worst provider on the face of earth in my opinion. One commercial showed a woman asking her husband: “honey, say something funny.” Husband responds: “General telephone.” The whole party bursts up laughing. This company, its predecessor, and its current manifestations cannot do anything right. They deserve to be bankrupt.
“How are these (worthless) people going to get new jobs with a talent for lying? “
not really our problem, though i suppose they could always go into politics depending upon how good of liars they really are ...
We will know that the media is hurting when their castoffs are shown to be a negative element in the jobs numbers. I’d be tickled to death to read that the jobless numbers are down for the ordinary folks, while they are up substantially for people working in “the media.”
From an earlier article at the same site:
“The rise of the Verizon Media Group is mostly just a rebranding exercise — the portfolio, which includes HuffPost, Engadget, Tumblr and, yes, TechCrunch, should remain largely the same.“
That’d be too bad if the HuffingPoo got downsized.
Trump curse.
BuzzFeed axed 15% of its staff today as well.
Great news.
(Not referring to AOL/Yahoo.)
First problem is they inherited all the amateurs at Yahoo. Their mail service is the very worst in the glactic web. Yahoo is the final creation of that child melissa or whatever her name is. This branch of verision deserves to die.
Can you hear me now? Just b..r... y.
“Oath”. What a joke. “a higher loyalty”? I went to Yahoo finance recently and they had a mandatory “accept our new terms” pop-up including data collection, cookies and ad serves.
“Melissa” was close:
https://www.google.com/search?q=yahoo+Marissa+Mayer
and you’re absolutely correct about the badness of yahoo email ...
“BuzzFeed axed 15% of its staff today as well.”
yeah, i saw that too ... AND Gannett just laid off parts of THEIR workforce across the country as well! ... Digital First Media, a hedge fund subsidiary known for gutting newspapers, is seeking a hostile takeover of money-losing Gannett and its properties ... lots of angels ... lots of wings ...
Verizon was part of the veteran hiring program. I wonder how many vets that were hired through this program got the proverbial axe by verizon. Verizon got the tax benefits from the hiring of these vets.
Ever wonder what jobs the vets were hired into? Check into it. These companies did not see the vets as being very smart.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.