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Yellow Media Ltd To Cut 10% of Workforce


Tuesday, 12 Nov 2013 09:26am EST 

Yellow Media Ltd announced 10% reduction in its overall workforce resulting from the realignment of the Company's cost structure in order to accelerate its transformation and continue growing digital revenues. To further advance its digital transformation, Yellow Media will cut approximately 300 positions across its offices, primarily in domains related to its print and legacy operations but also including various support functions. The majority of these positions will be phased out by the end of 2013, with the remaining terminating by early 2014. 

Company Quote

18.05
-0.2 -1.10%
10 Jul 2014