Yahoo’s merger with AOL will lead to ‘job changes’
Yahoo staff are bracing themselves for ‘some job changes’ as a result of their company's merger with AOL, following comments made by AOL CEO Tim Armstrong.
Armstrong stressed that this didn’t necessarily mean ‘job cuts’ but that synergies in operations between the two companies would necessarily lead to manpower changes.
Yahoo was purchased by AOL parent Verizon in a $4.83bn deal back in July.
Both AOL and Verizon have committed themselves, making the most of their new found scale to promote cross platform advertisements whilst strengthening media brands such as Huffington Post and Yahoo News.