Yelp is bringing back”most” of its 1,100 furloughed workers and restoring worker pay and work hours beginning in August, the business announced Monday.
The business will also expand its office closures into 2021, leading to the layoff of 63 many more workers.
Yelp at April laid off 1,000 workers and furloughed about 1,100 more since the coronavirus pandemic radically diminished consumer interest in moving out because of social distancing mandates.
“As local markets begin their restoration, we remain cautious but optimistic in the face of ongoing uncertainty,” Yelp CEO Jeremy Stoppelman composed in an email to workers that have been shared with CNBC.
“We hope to see a continued fluctuation in company openings and closures throughout this pandemic as communities react to local outbreaks. While the pacing and length of the restoration are unknown, the executive board and team feel confident in our ability to resist the challenges and embrace the opportunities that lie ahead,” he added.
Employees throughout the country are gradually returning to their own tasks, though Covid-19 instances are still climbing.