Verizon (Yahoo, AOL, HuffPost): 150 jobs, December; 800 jobs, January 23

FILE PHOTO: The Verizon logo is seen on the side of a truck in New York Thomson Reuters

On December 10, CNN reported that Verizon Media planned to layoff 150 people that week. Verizon confirmed the cuts to CNN.

In a statement, Verizon said, "Our goal is to create the best experiences for our consumers and the best platforms for our customers. Today we are investing in premium content, connections and commerce experiences that connect people to their passions and continue to align our resources to opportunities where we feel we can differentiate ourselves and scale faster."

In late January it was reported that Verizon would cut 7% of its staff at its media companies (an estimated 800 people), which include Yahoo, AOL, and The Huffington Post.

"These were difficult decisions, and we will ensure that our colleagues are treated with respect and fairness, and given the support they need," Guru Gowrappan, CEO of Verizon Media, said in a memo to staff.

It's estimated that 20 employees were laid off at HuffPost earlier that month, including opinion writers, political reporters, and others. Nearly 100 corporate Verizon employees were reportedly laid off in San Francisco.

The layoffs are in addition to the 10,400 employees that Verizon is looking to shed by the middle of 2019 as part of a buyout program announced in December 2018.