Adtech company PubMatic lays off staffers as it tightens focus on growth areas like connected-TV ads
Briefly

PubMatic is optimizing operations to focus on high-growth areas such as supply path optimization, CTV, and commerce media. By streamlining and enhancing collaboration under consolidated leadership, we will foster innovation, reduce complexity, and maintain our commitment to growth and operational excellence.
The company stated in its financial filings that it had 948 employees, 290 of whom were located in the US, as of December 21, 2023. Despite recent challenges, PubMatic plans to grow its overall head count by around 15% this year.
Read at Business Insider
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