Yelp laid off over 100 people after dissolving mid market enterprise division. Offering a few people low paying jobs in local division so it doesn’t appear like a large layoff. Very sketchy tactic.

https://medium.com/@infinite_innova/yelp-does-it-help-or-hurt-doctors-17262be7305a

My GF got the axe - 5 years there at Yelp. So many weekends, missed family events working hard and in a very stressful situation. So much for being 'part of the family' as they used to say. I know they have to cut costs as restaurants are not... — read more 

Due to the Corona virus, Yelp is laying off employees. It is not clear how many. As of 17 March, people are being notified via Email that their positions have been cancelled, or they will be fired and re-hired at a latter date.

You can almost guarantee that we will have cuts before Q3

2016 Layoffs Predictions - Global Equities Research, Trip Chowdhry Yelp: Global Employee Count 3,671: Layoffs: ~30% layoffs = ~1,000 workers to be laid off EMC: Global Employee Count: 70,000: Layoffs: ~ 15% to 20% layoffs = ~10,000 and 14,000 workers... — read more 

mark my words here, you'll see what happens when you start missing wall street numbers - layoffs in 2016 are more or less guaranteed