Yahoo Sports has engaged in a round of layoffs as part of an effort to eliminate more than 20% of its staff by the end of the year, a figure that was reported earlier in the year by Sara Fischer of Axios. The company is currently owned by Apollo Global, which purchased the entity from Verizon in 2017 along with AOL and other media businesses.
On Friday, mixed martial arts and boxing journalist Kevin Iole announced that he was laid off by the company in a post on X and took the time to thank his co-workers and express his appreciation for his time with the outlet. Within that post, he conveyed how this is not the end for him; rather, he hopes it is the start of a new chapter.
On Monday, several other Yahoo Sports staffers announced their departures from the company as a result of the layoffs. Senior MLB reporter Hannah Keyser lost her job on Friday and shared the privilege it was for her to report on the game through the platform. Keyser also appears on SNY as a contributor on Baseball Night in New York and other programming, and it remains unknown if and how her exit from Yahoo Sports will impact the role.
“Five years ago, I was terrified to accept the job and I’ve been terrified (truly) every day since that I’m bad at it,” Keyser said in a post on X. “But I never worked harder or took more joy in learning.”
MLB writer Zach Crizer was also part of the layoffs on Friday, and divulged that he continues to write about baseball. Although he acknowledged that the ending is not great, he feels that a lot of people with the outlet changed his career for the better and had more belief in his work than he did.
“I learned more about baseball from Zach in five years than I even knew there was to know,” Keyser said on X. “He is more organized than I am, less erratic, and since he actually opens HR emails about our health insurance changing, I can actually say that I wouldn’t have survived without him.”
“No one pushed me harder, or advocated me more forcefully, than Hannah,” Crizer said of Keyser in a post on X. “She is a complete original that the baseball world can’t afford to lose. Whenever you think you have a good answer, I promise she’s going to have a better question.”
Sam Cooper revealed that he was part of the Yahoo Sports layoffs after working with the company over the last 10 years. Cooper had been promoted to a full-time senior editor, a role he served in for the last five years, after starting out as a freelancer. In a series of posts on X, Cooper acknowledged how he does not understand the rationale behind the current direction of Yahoo, but also articulated that it was a great place to work and will miss his colleagues.
“So now I’m a free agent,” Cooper continued. “I’ve written extensively about CFB (+ other sports), helped transform [Yahoo Sports College Football] from an RSS feed into an account with 50k+ followers and had a consistently profitable betting column. I also know the ins and outs of editing in the digital media space.”
Arun Srinivasan worked at Yahoo Sports Canada and was part of the recent round of layoffs as well, posting a statement on Saturday night while covering his final Toronto Maple Leafs game at Scotiabank Arena for the outlet. Within his remarks, he thanked Dan Toman and Mackenzie Liddell for their leadership and for taking a chance on him, along with William Lou for endorsing him after he was looking for work following layoffs from theScore in February 2019.
“…I’m itching to get back to the arena more regularly,” Srinivasan said on X. “How many of us get to do everything we dreamed of as children? Thank you for everything Yahoo, this message is for everyone I’ve ever been lucky enough to work with here.”
Earlier in the year, Yahoo laid off 1,000 positions within its companies and revealed that the remaining layoffs would occur in the second half of 2023. The company is in the midst of a restructuring of its advertising technology unit in an effort for the company to be able to invest more heavily in areas of the company that garner significant profits. Additionally, the company hired Ross Dellenger and Jason Fitz, along with welcoming new president Ryan Spoon in June 2023.
