DizzyMuffin
DizzyMuffin

Silent layoffs at InMobi have begun

Few folks from USA and London team have been fired. If things continue the way they’re then many more could be fired.

Major advertising revenue comes from North America, and a recession there means huge advertising spend cuts by big accounts, which directly impacts many adtech companies.

Would avoid adtech sector for next 12 mos.

28mo ago
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DerpyBoba
DerpyBoba
InMobi28mo

How do we know this is accurate? I work here and haven't seen any yet. Or a rumour even.

DizzyMuffin
DizzyMuffin
Google28mo

Some teams. Sf and London.

DizzyBagel
DizzyBagel
InMobi28mo

Can confirm that it's happening

SwirlyPretzel
SwirlyPretzel
Google28mo

Yep. Can confirm it’s happening

WobblyBiscuit
WobblyBiscuit

Can confirm happening in India office too.

GroovyPretzel
GroovyPretzel

which team ? not in DSP right ?

SleepyBanana
SleepyBanana
Cisco27mo

Yuss!! It's true unfortunately.. LT team has already begun strict actions on performance.. warning us on multiple steps of getting kicked off :(

GroovyPretzel
GroovyPretzel

DSP is safe ?

JumpyWaffle
JumpyWaffle

@tom123

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Reason - the team wants to accelerate timeline to profitability To those affected really sorry this community is here for you!

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by WobblyWalrusCisco

Layoff at Media.net

Entire team at media.net is laid off. Whole BU is laid off including analyst & senior PM's.

Top comments
user

Media.net is extremely profitable. Why did they do layoffs?

user

Khauf ka mahaul hai 😔