Typical process. Hoping for an exit between $50 and $60.
Layoffs happening at Criteo today.
Extent of total layoffs is unknown but it is at least in triple digits.
Any chance this will be done today?
I know it's supposed to take place over the next few weeks, but is there any chance that's referring to employees who are on vacation or for any other reason unavailable at this moment? I'll be honest, I don't think my mental health can take several... — read more
This is all about the latest sale attempt
We have to be lean for the potential buyer, I guess.
8% global workforce reduction
C-suite reported to team approx 8% headcount reduction over the next weeks. US/UK/Brazil/APAC already happen, EMEA to follow due to local law.
Criteo laid off and will continue to do so over a few rounds (US, UK, Brazil and APAC went out on 15 Feb other countries pending). Currently aiming for 8% reduction but could be more. Sell off rumours are real as leadership has been unusually... — read more
Updates from all hands
Not much new information from all hands except bonuses and compensation review cycles to go on as per normal. Odd that they went straight to headcount reductions without sufficiently considering other cost savings. Leadership is not taking pay cuts... — read more
As for how the layoffs will go, they confirmed today that US/UK/Brazil/APAC are all completed. The EMEA layoffs will be redundancies and managers should APPARENTLY have been informed already. They would be the person to ask if you really need... — read more