Yahoo layoffs in Singapore: 17 editorial and social media staffers lose jobs as content strategy shifts
1 min readThe layoffs in the tech sector are occurring and on, with 17 folks in the Yahoo Singapore workplace now going through the exit. They have been reportedly instructed concerning the termination on (*17*) 23 and will depart the corporate by May 7.
The Edge Singapore reported that the 17 workers members have been in the editorial and social media groups, and their positions have been gone due to a shift in the corporate’s content strategy, focusing extra on syndicated content.
Severance pay for the affected workers quantities to 2 weeks’ wage for yearly of service.
As Yahoo’s focus shifts to syndicated content from world information companies, there might be much less want for authentic content created in Singapore — therefore, the reduce in workforce power.
However, even as some jobs are misplaced, some new ones are more likely to be created, together with in the roles of “curation editors”. The laid-off workers can apply for these new roles.