MarketingUS
Adwerx Layoffs
July 2022
Adwerx announced a layoff affecting 40 employees in July 2022. The company operates in the Marketing sector.
People Affected
40
Announced Date
Jul 7, 2022
About
Digital marketing company Adwerx laid off 40 employees on July 7, 2022, as part of a strategic downsizing. The cuts, representing about 21% of its roughly 150-person workforce, resulted from scaling back new initiatives in non-core verticals to improve profitability amid macroeconomic uncertainty. The real estate and mortgage-focused firm stated it would retain its remaining staff and focus on its core markets, with no further layoffs planned. Affected employees, notified in one-on-one meetings, received severance packages.
Source
View Sourcewww.inman.comMore Marketing Layoffs
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