![]() Gyms and similar businesses are down 73%, and salons and other beauty businesses are down 83%. The impact we’ve seen on consumer behavior is staggering: interest in restaurants, our most popular category, has dropped 64% since March 10, and the nightlife category is down 81%. The physical distancing measures and shelter-in-place orders, while critical to flatten the curve, have dealt a devastating blow to the local businesses that are core to our mission. People everywhere are staying in to stay safe, wondering when life will go back to normal. ![]() It has disrupted daily life for nearly everyone - from businesses that rely on foot traffic or human contact, to workers who have no visibility into when they will earn their next paycheck and parents, including many of us here at Yelp, who are trying to juggle childcare with job responsibilities. ![]() It’s been an extremely difficult and painful last month: the world is facing a global health crisis none of us have ever witnessed in our lifetimes. In an internal email this morning, Yelp co-founder and CEO Jeremy Stoppelman shared with all employees that due to the impact of COVID-19 on our business, the company is taking the painful but necessary step to reduce the size of our workforce through a combination of layoffs, furloughs, and reduction of hours. ![]()
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