Which companies are laying off people now?
Some companies I heard of, Airmeet Inmobi Simplilearn Spotdraft
There are so many that are also doing silent layoffs right now
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.
Yep. Can confirm it’s happening
Can confirm happening in India office too.
which team ? not in DSP right ?
Yuss!! It's true unfortunately.. LT team has already begun strict actions on performance.. warning us on multiple steps of getting kicked off :(
DSP is safe ?
@tom123
Some companies I heard of, Airmeet Inmobi Simplilearn Spotdraft
There are so many that are also doing silent layoffs right now
Reason - the team wants to accelerate timeline to profitability To those affected really sorry this community is here for you!
Can we please share the companies which are laying off and kind of roles laid off?