Medium Just Laid Off 50 Employees and Shut Down Offices in New York and D.C.

CEO Ev Williams wants to move past ads

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Medium founder and CEO Ev Williams disclosed today in a blog post that his four-and-a-half-year-old company is eliminating 50 jobs and shutting down offices in New York and Washington, D.C. In a philosophical letter to the public, he recounted how his team's ultimate goals had gotten off course thanks to the monetization model known as advertising. 

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