Quantcast Layoffs
April 2020
Quantcast announced a layoff affecting 30 employees (5% of its workforce) in April 2020. The company operates in the Marketing sector.
30
5%
Apr 8, 2020
About
In April 2020, Quantcast, a digital advertising technology company with over 600 employees globally, laid off just under 5% of its staff and implemented tiered salary cuts due to the economic impact of the COVID-19 pandemic. This reduction affected approximately 30 employees. The pay cuts ranged from 5% for some staff to 30% for the highest-paid employees, with CEO Konrad Feldman taking a 100% pay cut. The company, which operates a managed DSP for advertisers and a data insights business for publishers, was already navigating a challenging transition to a more self-serve model and facing industry headwinds like the decline of third-party cookies. These workforce and compensation adjustments were part of broader efforts to stabilize the business during an unprecedented crisis.
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