This news comes as dozens of media and tech companies are cutting significant percentages of staff this year in response to a slowing ad market.
"To prepare ourselves for a strong future, we will need to focus on how we simplify our operations and our tech stack..."
“When serious things break, the people who knew the systems aren’t there anymore.”
"The ad industry has weakened and we are grappling with a sharp decline in our revenues from corporate sponsors."
"Sorry for showing you so many irrelevant & annoying ads on Twitter!"
The major cuts from Criteo come after seeing a steep decline in revenue.
"We’re here, and they have a legal obligation to bargain with us before they make changes to our workplace."
"A number of positions will be eliminated. We anticipate it will be a single digit percentage of our employee base, and we will finalize those plans...
NYPR is attempting to trim $3 million from its FY 2022 budget deficit.
NYPR is attempting to trim $3 million from its FY 2022 budget deficit.