So What's Going On With Marketwire?
We got a tip that there have been some staff changes at Marketwire, specifically, a number of layoffs that could indicate trouble at the news distribution company. Has Marketwire run into a rough patch?! No, they say.
“The company is doing well and performing well,” Marketwire’s VP of content and branding, Mike Torre, told us over the phone. “We did go through some restructuring recently, but not because of financial performance. We’re restructuring for better alignment of executive skills.”
Torre said that there had been layoffs in December, which is the end of the company’s fiscal year.
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