AI-assisted summary
People, Inc., formerly known as Dotdash Meredith, has announced it is laying off 226 employees, which is 6% of its workforce.
The layoffs will affect multiple offices, including New York and Des Moines.
CEO Neil Vogel said the cuts are a necessary step as the company evolves and invests in new initiatives.
People Inc,, formerly known as Dotdash Meredith, will be cutting its workforce by 226, 6% of the total.
Its Thursday, Oct. 9, announcement indicated that most of the cuts will occur at the company’s New York offices but that there also will be layoffs at its offices in Des Moines; Birmingham, Alabama; Chicago; Stamford, Connecticut; Seattle; and Los Angeles. Some employees who work remotely also will be let go.
The company did not disclose how many would be cut