#layoffs loom

Publishing news tagged with #layoffs loom


Financially Strapped Digital News Site Mic Looks for a Buyer as Layoffs Loom

Digital news publisher and suddenly-strapped-for-cash Mic is in sales talks, according to sources familiar with the matter who speculated that Bustle Digital Group (BDG) or its founder, Bryan Goldberg, might end up buying it. Mic was founded in 2011 and has largely targeted millennials, covering... Continue reading at 'AdWeek'

[ AdWeek | 2018-11-29 00:00:00 UTC ]
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Layoffs loom for Mashable as site reportedly sells for less than $50M

The digital media bubble continues to show signs of bursting. Recode reports that Mashable–once valued at $250 million–is selling itself to publisher Ziff Davis for less than $50 million. The site will reportedly lay off about 50 employees and refocus coverage on “tech and tech-lifestyle... Continue reading at 'Fast Company'

[ Fast Company | 2017-12-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #layoffs loom #show signs #$250 million #$50 million