Yandex has reduced its overall workforce by approximately 5%, bringing the total number of employees to 90,600 from 95,000 a year earlier.
The company explained the adjustment as a result of process optimization in areas including customer support, data labeling, logistics, and back-office operations. The core technical team, which comprises around 31,000 specialists, was not affected by the changes.
Financial performance for January through September 2026 showed continued growth. Revenue increased 16% year-over-year to 1.17 trillion rubles, while adjusted net profit rose 46% to 128.1 billion rubles.
Growth momentum slowed compared with the prior year, when revenue had expanded 33% over the same nine-month period. Yandex cited cooling consumer demand, softening advertising market conditions, and a high base of comparison as contributing factors.
Artificial intelligence and autonomous driving technologies remain key strategic priorities for the company. Separate from the reported results, Yandex experienced attacks on its data centers in October, after the end of the reporting period.
Because the incidents occurred outside the reporting window, their financial impact is not reflected in the published figures. As a direct consequence, Yandex withdrew its previously issued forecasts for full-year 2026 revenue and adjusted EBITDA. The company stated it will consider resuming guidance publication starting with the next quarterly report.
