Tis the season for layoffs! According to The Guardian, Time Out Group is about to cut a total of about 40 staffers from its U.K,. and U.S. offices.
As with any move like this, the reason boils down to money. A Time Out spokesperson said the cuts would allow the company to “take advantage of the new landscape.”
“As a result of this transformation and to reflect the new mix of skills required by the business, a number of jobs in our UK and US teams will be impacted, and some jobs will sadly be lost,” said the spokesperson.
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