The company has been affected by the downturn in ad markets.

Thirty-seven people were cut, and the layoffs affect every department at the company, according to a memo from the CEO.

  • TurnItOff_OnAgain@lemmy.worldEnglish
    6·
    1 year ago

    “the only way to reach profitability under these constraints is to significantly reduce our personnel expenses,” Valory said.

    Sure, lay people off. I’m sure executive pay and bonuses aren’t going anywhere though.