![]() ![]() The company had around 6,000 employees before the cuts. Telephone 801 No of Employees 4,900 Industry Technology and Communications Ticker Symbol & Exchange YELP (NYSE) Revenue (2022) 1.2B 15.7 (2022 vs 2021) EPS XYZ Net Income (2022) XYZ -8.4 (2022 vs 2021) Market Cap 2.4B Net Profit Margin (2022) XYZ -20. Yelp, which makes money by selling marketing services to the small businesses its customers review, was among the first companies to conduct mass layoffs during the pandemic last April, cutting 1,000 jobs and furloughing another 1,100 employees, most of whom were recalled months later. Key to our design for Yelp was the concept of a vertical campus an all. Yelp is also reportedly seeking to sublease office space in Chicago and New York, urban centers that have also been hit by the pandemic. As tech companies take root in urban locations where space is limited, the collegial spirit of Silicon Valley finds new modes of expression in high-rise buildings and converted industrial facilities. Other companies such as Twitter, Levi Strauss and Dropbox have listed part of their headquarters space for sublease. YELP UK LTD - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges. The San Francisco Business Times first reported the leased space’s availability. “We plan to continue to maintain our presence in the locations where we currently have offices, including our headquarters in San Francisco,” it added. “Once it’s safe to return to our offices, we plan to continue to operate with a significant portion of our team working remotely on a full-time basis, or for part of the week,” the company said, which would reduce Yelp’s need for office space.
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