Recode: As the merger is completed, layoffs of up to 1,000 jobs at the combined AOL and Yahoo are expected

Recode: As the merger is completed, layoffs of up to 1,000 jobs at the combined AOL and Yahoo are expected. “According to sources, layoffs are expected to take place across AOL and Yahoo that could number up to 1,000 jobs. That is less than 20 percent of the combined company, according to sources. This action is not unexpected, given that both companies have a lot of redundancies, including in human resources, finance, marketing and general administration.”