Yesterday, when local ratings and reviews site Yelp posted strong quarterly earnings with a surprise profit of $2.1 million, it also slipped in the news that it plans to lay off 175 people, or four percent of its workforce, mainly in its international operations in sales and marketing roles, after failing to grow its business outside of North America. We now have more details about what is going on.
While Yelp began to give notice to sales and marketing staff outside of the U.S. and Canada today, sources close to the company tell us it is now in consultation to shut down one international office, in Dublin (consultation is the formal process you go through to close up shop).
