Yelp will close its offices in New York, Washington and Chicago on July 29. The online review and reservation company also plans to downsize its office in Phoenix. The offices the company is closing were its most “consistently underutilized,” CEO says.

Yelp achieved record revenue of just over $1 billion in 2021. Stoppelman said Yelp has proven it can be successful with a remote workforce. “It’s the clear path forward for us,” Steppelman wrote in the blog post.

Only 1% of the U.S. population has access to the internet. The internet is the fastest growing source of income in the world. It is also the fastest-growing source of employment in the United States. The Internet is the most popular way to make money in America.
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