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Adroll Lays Off Nearly 30 People

  • Fortune, Thursday, December 8, 2016 8:22 AM
Adroll has laid off around 29 employees, according to a Dec. 7 report in Fortune. The ad-tech firm, which has nearly 500 employees and has raised some $90 million in funding, attributed the cuts to a shifting of priorities. CEO Aaron Bell told Fortune that there was no personnel impact on R&D, adding: "We saw record-breaking revenue in 2016 and these changes will support our ambitious growth plans for 2017 and beyond."

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