4 ms·
I don't get it, how are they affected by COVID
by mysterEFrank 6y ago
I don't get it, how are they affected by COVID
- dvhh 6y agoadvertising revenue seems to be down for a lot of company
- sky_rw 6y agoSource? The article clearly states the opposite in two separate sentences.
- nikanj 6y agoCompanies are cutting down on advertising and non-mandatory spending. Plus paid job ads are probably not making much money right now
- BoysenberryPi 6y agoThe post directly says they are seeing growth in their advertising business.
- irrational 6y agoDoes stackoverflow have ads? I would imagine that a large percentage of their technically savvy user base would be using an ad blocker.
- tim-- 6y agoYou would be surprised how much Stack Overflow charges for job pages :)
- MauranKilom 6y agoThey have job ads and "normal" ads. You get an opt-in if you have enough rep.
- maltelandwehr 6y agoTheir advertising business is growing. But not for job ads. Job cuts are focused on the job area. (According to the article.)
- jl2718 6y agoBetter unemployment benefits for those affected.
- nrb 6y agoAccording to the post, it’s due to contraction with their talent sourcing product: > This week, we reduced our global workforce by approximately 15%. Most of the affected employees were furloughed, except for employees and contractors in regions where furloughs were unfortunately not an option. These actions primarily affected sales and customer success teams within our Talent business, which is dependent on the hiring environment.
- CameronNemo 6y agoWhat I find notable is that close to 15% (at least 7.5% if "most" means what everyone thinks it means) of the workforce is sales and marketing for a service that is not even core to their business.
- cma 6y agoWhat percentage of a newpaper's employees in the old print days did ad sales vs doing reporting?
- taurath 6y agoYup they took the money and now they need to grow grow grow and they’ll suffer for it.
- kenneth 6y agoPretty sure that Talent is over 50% of their revenue. The primary way they monetize Stack Q&A websites is through job placements. There are other websites that are surprisingly monetizing through this, like AngelList.