"The memo also announced that the Google-owned company was reorganizing its product teams into three separate organizations that all report directly to Mohan. The "Subscription Products" team will focus on YouTube's subscription products across YouTube Music & Premium and OTT. The "Viewer Products" team will focus on the viewer experience across the main YouTube app, YouTube Kids, Learning, Trust & Safety, and more. Last, the "Creator & Community Products" organization will focus on supporting creators and building community."
"YouTube is conducting a "voluntary exit program" with severance for U.S.-based employees, the company confirmed to TechCrunch on Wednesday. The news was first reported by Sources. The company says no roles are being eliminated as part of these changes. The move comes as Alphabet released its third-quarter earnings on Wednesday, reporting that YouTube's advertising revenue hit $10.26 billion in the period, marking a 15% year-over-year increase."
YouTube is offering a voluntary exit program with severance to U.S.-based employees. Neal Mohan informed staff via an internal memo and reorganized product teams into three organizations reporting directly to him. Subscription Products will focus on YouTube Music, Premium and OTT subscriptions. Viewer Products will concentrate on the viewer experience across the main app, YouTube Kids, Learning, Trust & Safety and related areas. Creator & Community Products will prioritize creator support and community building. The company states no roles are being eliminated under the changes. Alphabet reported YouTube ad revenue of $10.26 billion for the quarter, up 15% year over year.
Read at TechCrunch
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