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Read previewCriteo, the publicly traded adtech company, told staffers this week it would lay off up to 4% of its staff, people familiar with the matter told Business Insider.
The company had 3,563 employees as of December 31, meaning the reduction could affect around 140 people.
AdvertisementIn its most recent quarter, Criteo reported a return to profit on flat revenue, having made $70 million in cost savings over 2023.
Criteo also made a round of layoffs last year, Digiday reported, though the company didn't disclose the number of employees affected.
Persons:
—, we've, Criteo, retargeting, It's, Petrus, Digiday
Organizations:
Service, Business, Google
Locations:
Paris