Yahoo to lay off editorial and social media teams in Singapore, shift to content curation
Yahoo is reportedly letting go of its editorial and social media teams in Singapore as it moves towards the curation of content here.
The digital news publication, which uses a mix of third-party and original reporting, will be laying off some staff in Singapore.
The Straits Times understands that the decision stemmed from a thorough evaluation by Yahoo, which found that its partner content has consistently driven engagement.
The Edge Singapore reported on April 29 that 17 staff are affected by the shift in Yahoo’s strategy, and will leave the company after May 7.
They will receive slightly more than two weeks’ pay per year of service, reported The Edge Singapore, citing an anonymous source. Affected staff had met a human resources representative on April 23.
Under its new strategy, Yahoo is hiring three “curation editors” and a market lead for Yahoo News Singapore.
Newsrooms contributing syndicated content to Yahoo include HuffPost, AFP News, Reuters, EdgeProp and The Edge Singapore.
Workers who were laid off were told that they can apply for the new roles, reported The Edge Singapore.