Beachbody fitness company lays off a third of its workforce, shifts to affiliate model

  • 📰 nypost
  • ⏱ Reading Time:
  • 27 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 67%

Business News

Layoffs

Beachbody is shedding a third of its workforce and shifting to an affiliate program as part of an overhaul of its business model.

Beachbody will slash a third of its workforce and overhaul its business model as part of a restructuring that seeks to cut tens of millions of dollars.

Fired Boar's Head workers slam management at Va. plant after 10th death tied to listeria outbreak: 'wasn't shocked' Under the affiliate model, the company will financially reward an individual for driving traffic, leads or sales through promotional and marketing efforts.Beachbody said it will transition to an affiliate program in hopes of cutting costs and lowering its revenue break-even point.The company, which currently employs around 580 people, will lay off nearly 200 as a result of the restructuring.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 91. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines