Verizon will slash about 7% of its Media Group amid missed revenue goals, reports The Wall Street Journal, amounting to roughly 800 staffers. (Globally, Verizon Media Group comprises roughly 11,385 employees).
Yahoo
- Verizon Selling Yahoo And AOL To Private Equity Firm Apollo Funds For $5 Billion
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Verizon Lays Off 800 Employees Within ‘Media Group’, Comprising Yahoo, Tumblr, More
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Verizon Inks Deal To Bring A+E’s Digital Content To AOL, Yahoo
Verizon's combined AOL and Yahoo brands will get a first look at projects from A + E Networks' digital studio, 45th & Dean.
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Verizon Pays Reported $2.25 Billion To Stream NFL Games (Including This Season’s Playoffs) On Go90, Yahoo, AOL
Verizon has inked a multi-year deal with the NFL that will give it streaming rights to games in exchange for a reported $2.25 billion.
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