Businesses announced more than 75,000 job cuts in January, an increase of 218% from the same month last year. Energy and retail employers led the increase, reporting plans to cut more than 40,000 jobs between the two sectors. Disappointing earnings have led a number of notable companies, namely Yahoo, to lay off large portions of their workforces.
See the following visualizations which highlight a number of figures regarding jobs cuts, as well as a number of Yahoo-specific figures.
Change in January Job Cuts (2015-2016)
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Job Cuts by Quarter (1993-2015)
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Yahoo Inc. (YHOO) Number of Employees
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Yahoo Inc. (YHOO) Stock Price – Current Day
