Post Profile

Ad tech company AppNexus is restructuring and cutting 150 jobs as its gears up for its IPO

AppNexus, one of the companies hotly tipped to be the next ad tech IPO, is restructuring and laying off more than 13% of its staff as it prepares to go public. The New York-based company will shed 150 roles, bringing its headcount down from 1,125 to around 975, a company spokesman confirmed. The thinking behind the restructure is that the company currently has two separate business units: A division providing technology to help advertisers buy ads and a division to help publishers sell ads.
read more


Related Posts

Aol Is Restructuring, Layoffs And Site Closures Likely

Technology : TechCrunch: Enterprise

Aol, owner of TechCrunch, is gearing up for some housekeeping. TechCrunch has learned that the company is preparing to lay off staff and close or fold up underperforming titles as part of a bigger restructuring, aimed at simplifying...

AppNexus Gets A New CFO With IPO Experience

Technology / Technology Industry News : Silicon Alley Insider

AppNexus has made another move that looks as if the company is preparing for an IPO. It got a new CFO/COO, Jonathan Hsu, who had previously been the CFO, COO and CEO of 24/7 Media while it was a public company, and saw it through it...

Applied Materials Cutting Up To 1,000 Jobs In Restructuring

Technology : Forbes: Tech

Applied Materials this afternoon said it plans to reduce its headcount by 900 to 1,000 people, or 6%-9% of the semiconductor equipment company’s total workforce, as part of a restructuring program. The company said the cuts would co...

What It's Like Inside AppNexus' HQ, The Startup That's Rumored To Be The Next $1 Billion Adtech IPO

Technology / Technology Industry News : Silicon Alley Insider

One New York tech company that's getting a lot of buzz right now is AppNexus, the online ad platform based in the flatiron district. In January, AppNexus raised a whopping $75 million from Technology Crossover Ventures. Since then i...

Job hopping can be a good strategy for young workers

Business & Finance : LA Times: Business

Dear Liz: I am a millennial and just started a new job at a very small company. I really like the work I do and the leaders of the company. However, I don't make enough to move out of my parents' home and be financially secure. I li...


Copyright © 2016 Regator, LLC