Verizon buyout and merger of AOL and Yahoo will eliminate 1,000 American Jobs as cost synergies

As the merger is completed, layoffs of up to 1000 jobs at the combined AOL and Yahoo are expected

According to sources, layoffs are expected to take place across AOL and Yahoo that could number up to 1,000 jobs. That is less than 20 percent of the combined company, according to sources.

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Confirmed: Verizon will cut ~15% of AOL-Yahoo staff after merger closes – TechCrunch
As the merger is completed, layoffs of up to 1000 jobs at the combined AOL and Yahoo are expected – Recode
AOL – Yahoo merger could see up to 1000 jobs slashed – Neowin

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