text: “At this time, Yahoo is not planning any layoffs in anticipation of the transaction closing,” Yahoo said in the filing. As for whether Verizon will cut staff, Yahoo said simply, “That is a decision for Verizon.”
  Laura Martin, senior analyst at Needham & Co., says if there are layoffs at Yahoo it will probably take 3-6 months after the acquisition closes.
  “[Then], Yahoo or Verizon will figure out what businesses they want to focus on and what they don’t,” Martin says. “I don’t expect it to be imminent.”