MarketingGB
MiQ Layoffs
July 2023
MiQ announced a layoff affecting 0 employees in July 2023. The company operates in the Marketing sector.
People Affected
0
Announced Date
Jul 20, 2023
About
In July 2023, adtech firm MiQ conducted a quiet round of layoffs, affecting approximately 4% of its workforce. The company, which is backed by private equity, closed its office in Germany and made redundancies in the UK and other markets. This move reflects ongoing challenges in the adtech industry, where companies are grappling with lower advertising rates and prolonged economic uncertainty, leading to continued workforce reductions even after earlier cuts in 2022 and early 2023.
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