During a staff meeting today, one Fortune employee asked the company's CEO why she deserves to remain in charge: "After last year's profit miss, questionable revenue allocation, and now multiple rounds of painful layoffs, many employees are openly questioning the strength of Fortune's C-Suite."
Max Tani
Max Tani22.7. klo 03.45
In an email to employees, Fortune says it has cut 10% of staff, the result of a decline in traffic, and rise of audio/video. The company says its new strategy is "to cultivate our premium franchise communities and deliver premium editorial content to them."
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