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Oath is laying off up to 560 workers

Programmatic

Oath is laying off up to 560 workers

Yesterday Digiday and other websites just revealed that Oath is laying off up to 560 workers, less than 4 percent of Oath’s global employee count of 14,000.

The job cuts will be spread across the globe, affecting different business units — including ad sales, engineering, and product development.

In a statement, Oath said that the “strategy is to build brands one billion users around the world love. We’re about four months post-close of Verizon’s acquisition of Yahoo, and we’ve made these changes to our team to further align our global organization to our 2018 roadmap. Oath remains committed to building a company talent loves and we continue to hire across our priority business units.”

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