Dotdash Meredith Lays Off 7% Of Its Staff (medipost.com)

Dotdash Meredith is cutting 7% of its staff, 274 jobs in all, across all departments.

The cuts, announced in an email by CEO Neil Vogel on Thursday morning, were to take place the same day.

In the email, Vogel said that the leaders and HR staff would meet with affected employees.

Parent IAC recently disclosed that Dotdash Meredith suffered a 28% decline in revenue YoY in December. Driving this was an 18% falloff in digital revenue and 39% in print.
more at: https://www.mediapost.com/publications/article/381967/dotdash-meredith-lays-off-7-of-its-staff.html

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