
The majority of these are in the New York
office, but some jobs will also be lost in Des Moines, Iowa and other locations.
The cuts, affecting 6% of the staff, cut across various departments and
reportedly included some work-at-home employees.
“Today’s actions are a difficult but necessary step as we continue to
evolve our business and prioritize investments that will help us continue to thrive in today’s media environment,” People CEO Neil Vogel, CEO of People, wrote to the
staff. “While days like these are tough, we are confident in People Inc.’s future and focused on our plans.”
Vogel added
that the firm, formerly known as Dotdash Meredith, is “aggressively investing in new ways to connect directly with our users and directly with our advertisers and partners including a number of
high-profile projects that we have launched or are in the pipeline. This requires many new skills to take advantage of new opportunities. Over the last year, we’ve hired 320 people to
help us drive growth in new areas and we currently have over 40 open roles that will infuse new expertise and capabilities across our brands and teams.”
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The firm was rebranded from its former name, Dotdash Meredith, in July.