In another sign of the impact the coronavirus pandemic is having on the ad-tech industry, supply-side platform OpenX has undergone a round of cost-saving measures, including furloughs and salary reductions, to help it stay afloat.
OpenX CEO John Gentry said in a blog post today that the company has reduced compensation across its leadership team by between 15% and 20%; laid off, furloughed or reduced hours for roughly 15% of the company’s workforce; and realigned its “market-facing teams” to increase focus on the demand side of its business.
Most
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Spring Special
Save 30% Off an ADWEEK Subscription Today!
Already a member? Sign in