Early reports of 130 layoffs seems to be high. Today’s Dallas News states that True said Friday it laid off 90 employees, or about 60 percent of its workforce of about 150, to streamline operations. The company said the affected employees were told of the decision Friday. The layoffs were effective immediately, and employees will be given severance packages, said Taylor Cole, senior director of marketing. “We are refocusing our efforts on our core competence, which is online dating,” she said. Some positions eliminated were in marketing and event coordination, which set up parties and speed dating activities.
Link
From 2002-2019, David Evans helped entrepreneurs, investors, and the media, make sense of the online dating industry.
@datinginsider
