In brief: Contract workers’ terminations come as Omnicom and WPP media buying agency GroupM have reportedly urged clients to pause spend on the platform.
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100% Media 0% Nonsense: Commercial media could prove remarkably resilient in this recession compared to previous downturns, writes the editor.
In brief: top exec exits have prompted concern at the US FTC over whether the company would be able to abide by its regulations.
In brief: the Facebook and Instagram parent company is reducing its workforce by 13%.
Many seeking an alternative to Twitter have moved to Mastodon, an interconnected platform of decentralized, self-hosted microblogging sites. What will be the knock-on effect for advertisers?
A raft of recent company earnings reports demonstrates that we have reached the end of an era where advertising supported the exponential growth in online channels.
In brief: Meta is planning to lay off “many thousands of employees” beginning this Wednesday at the earliest.
In brief: Former Twitter CEO and co-founder Jack Dorsey has apologized for the layoffs, saying he grew the company size too quickly.
As a result of the investment, The News Movement will produce news content for National World websites in addition to The News Movement’s social platforms.
A class-action lawsuit was filed today in a San Francisco federal court alleging that Twitter is eliminating workers without enough notice.