I only came to the company in 2018 and I don’t know the details of what happened to Yahoo and AOL employees when Verizon bought these companies. As far as I know, more than 2,000 people from Yahoo were cut back then. What will happen now, will Apollo also go for cuts after the purchase?
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Who gives a sh-t?
My hardhat says Verizon
Not AOL
Not Yahoo
Not Oath
Not Infosys
VERIZON
Just to be clear, after the 2 years were up, they could be let go. However, there is no severance program at InfoSys. In the area I work in most of the rebadged people are still here.
@tgw Really?
They will all be RIF’d
Just to be clear everyone rebadged to Infosys had a 2 year contract. Most of the people I know are still there, if they chose to stay.
How many employees does Verizon Media have?
10,350
Verizon Media
Formerly Oath Inc. (2017–2019)
Just to be clear nobody was laid off with severance by Infosys.
The VMG sale is essentially like when we rebadged much of IT to Infosys. Some people were laid off with severance by infosys at around 6 months. Others stayed.
I imagine the same will happen with Apollo.