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Yelp lays off 1000, furloughs 1100

397 pointsby rpncreatorabout 5 years ago

20 comments

Waterluvianabout 5 years ago
I know this is a very tired topic, but does anyone have any good blog posts or articles about "what exactly is it that you all do?" Yelp having 6000 employees. I'm not surprised, I'm not mad. I just want to understand.
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duggableabout 5 years ago
&gt; Today we will let 1,000 of our colleagues go and furlough approximately 1,100 more, while reducing hours for others. Your department leaders will be in touch this morning to discuss how this affects you individually, and letters with more details and FAQs will follow this afternoon.<p>Honest question - is it normal to announce layoffs publicly before telling the affected employees? I guess I can understand it from a PR perspective, but it must be awful to read that and sit around waiting to find out if you&#x27;re affected.
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xiaolingxiaoabout 5 years ago
For reference, according to Google Yelp&#x27;s employee in 2020 is 6,030 before layoff. So 1&#x2F;3 of the workforce is laid off or furloughed.
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flr03about 5 years ago
A company like yelp making 1 billion revenue per year, I&#x27;d except they could have their employees back, for at least a couple months, maybe furlough them with 80% of their salaries...
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rchaudabout 5 years ago
While job losses will pile further misery on the economy, I hope that means there are now fewer ad sales people trying to shake down local businesses so that they offer Yelp protection money to keep their ratings positive.<p>Companies like this always start with a noble purpose, before the pressure to monetize causes them to ruin what was once a valuable service.
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hunter-2about 5 years ago
Someone I work with from another company just messaged me that they are being furloughed for a couple of months. I wonder how many of these furloughs are going to end up in layoffs.
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wdbabout 5 years ago
With all these lays off it’s going harder to find a job and companies probably try to force pay cuts for the roles they are hiring because of it. Bad time to be jobless; sadly I am in this situation:(
23B1about 5 years ago
Good riddance to an exploitative business.
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yaloginabout 5 years ago
Wait Yelp has 6000 employees? They haven’t changed their site in a decade! What percentage of that is engineering? Seriously, I thought they have maybe 1000 at best.
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mcnyabout 5 years ago
What is the biggest source of revenue for Yelp? What part of Yelp&#x27;s revenue is Empyr or other card-linked offers?
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tengbretsonabout 5 years ago
I guess even the 21st century mafia isn&#x27;t immune to an economic downturn.
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sjg007about 5 years ago
Yelp basically replaced the Yellow pages and Zagat with a bit of the BBB thrown in for good measure. Its model is to sell listing services to businesses. I am guessing it is a sales heavy org.
caseyf7about 5 years ago
How bad will their data be after this crisis? If 30% of restaurants&#x2F;bars don&#x27;t survive, updating their data is going to be a challenge.
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sizzleabout 5 years ago
Does anyone have the role percentage breakdown of those let go&#x2F;furloughed? e.g. marketing, dev, design, sales, etc.
cheriotabout 5 years ago
Does anyone know which departments&#x2F;roles saw cuts?
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ransom1538about 5 years ago
Off topic: Can anyone explain why the dow jones is going up? The dow was <i>LOWER</i> Jan 1st 2019. I feel we are worse off than Jan 1st 2019.
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abinaya_remoteabout 5 years ago
Remote Leaf[1] founder here, I would like to offer Yelp employees who lost their jobs a free month of membership, that might help you land a remote job. We hand-pick thousands of remote jobs from tons of job boards and only sends the ones that apply to you. Just ping me on Twitter[2] and send me an email to avail this :)<p>[1] - <a href="https:&#x2F;&#x2F;twitter.com&#x2F;remoteleaf" rel="nofollow">https:&#x2F;&#x2F;twitter.com&#x2F;remoteleaf</a><p>[2] - <a href="https:&#x2F;&#x2F;twitter.com&#x2F;abinaya_rl" rel="nofollow">https:&#x2F;&#x2F;twitter.com&#x2F;abinaya_rl</a>
12xoabout 5 years ago
Every advertising business reliant on brick and mortar or real estate is going to be decimated.
Ascetikabout 5 years ago
Can&#x27;t say this is really a bad thing, Yelp has had blackmail and predatory business practices a long time and should be shutdown on that alone. It&#x27;s amazing to me they haven&#x27;t been sued into oblivion yet.
diogenescynicabout 5 years ago
122 points in 2 hours and already on 3rd page or results. Why are we hiding layoff news?