Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.G/O Media just laid off members of its video team, according to an internal memo reviewed by Business Insider. Multiple sources said 15 staffers were let go.
G/O Editorial Director Jim Rich said in an email to staff that the decision came after "two months" of conversations with editorial heads, and "extensive examining" of audience numbers in video content.Visit Business Insider's homepage for more storiesG/O Media just laid off members of its video staff, according to an internal memo reviewed by Business Insider.
Jim Rich, the company's editorial director, told staff in an internal memo that it would reduce the number of people working for Lily Nguyen, G/O's head of video. Rich said in the emailed memo, reviewed by Business Insider, that the decision came after "two months" of conversations with Nguyen and other editorial heads, and "extensive examining" of audience numbers in video content.
Rich did not reveal the official number of people laid off in the memo, but multiple sources familiar with the matter said 15 people have been laid off so far. "I am sorry for the pain that this will cause those on your teams," Rich said in his email. "My hope is that this will allow us to improve other areas of need and, in the end, make our sites stronger. I will be working with Jim Spanfeller and Tom Callahan to figure out how best to reallocate the resources being moved from the video team.
No sense wasting money than can go in Trump’s pocket!!
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