It’s the latest example in a brutal wave of layoffs that have consumed the media and technology industries. In making the job cuts at Dotdash Meredith, which will impact 274 employees, CEO Neil Vogel cited the poor economic terrain the company is trying to navigate. In recent months, the media and technology sectors have taken a battering as advertisers tighten spending amid economic uncertainty. And companies that haven’t laid off staffers have taken strong measures to reduce spending. Google said it had made the decision to eliminate 6% of its workforce, which translates to approximately 12,000 jobs.

Source: CNN January 26, 2023 19:46 UTC