Reported about 13 hours ago
YouTube has announced a 'voluntary exit program' offering severance for its U.S.-based employees, as revealed in an internal memo from CEO Neal Mohan. In conjunction with this program, the company is reorganizing its product teams into three distinct organizations focused on subscription products, viewer experience, and creator support, with no roles being eliminated. This decision follows a successful third-quarter earnings report, showcasing a 15% increase in YouTube’s advertising revenue.
Source: YAHOO