2 ms·
According 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 t
by nrb 6y ago
According 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.