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XLMedia lays off staff to deliver $5m in annual savings

11th May 2020 12:55 pm GMT

Digital marketing specialist XLMedia said Monday that it expects save more than $5m a year through a reduction in its workforce.

With revenue this year impacted by the Google de-ranking and COVID-19 pandemic effects, XLMedia has concluded a review of its core functions and associated headcount.

As a result, the digital marketing specialist has identified a number of functions and roles to be streamlined as the business looks to use increased automation and outsourcing services, while also [...]

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