#reorganization

#reorganization

According to McKinsey, fewer than one in three organizational transformations actually succeed in improving performance and sustaining those gains, even when leaders are well-intentioned and highly motivated.

The layoffs will streamline operations, centralizing key functions and reducing costs, as part of an effort to improve profitability and efficiency at Match Group.

As a result of this reorganization, we made the very difficult decision to eliminate a number of roles. In the U.S., this impacts approximately 900 team members across HSN, QVC US and our Global Shared Services.

Vox Media is responding to shifts in the media landscape through staff reductions and reorganization, aiming to focus on direct audiences and podcasting.