Following approval of Verizon's $4.5 billion acquisition of Yahoo's core internet operations by Yahoo stockholders, the company will be cutting 15% of the 14,000 strong workforce, or about 2,100 jobs, across Yahoo and AOL globally, reports TechCrunch. Yahoo will be merged with Verizon's AOL unit and and rebranded as Oath, with AOL CEO Tim Armstrong heading it. This was first reported by Recode, though at the time it had reported that up to 1000 jobs will be cut. In February last year, Yahoo had cut 15% of its workforce, about 1,700 jobs, and exited five offices in Dubai, Milan, Madrid, Buenos Aires and Mexico City. Following this, Yahoo’s headcount reduced to about 9,000 employees and 1,000 contractors. While across 2015 the company had cut about 1,100 jobs, including 100-200 in February 2015, after Yahoo India laid off over half of its editorial team…
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