IAC is laying off a third of Investopedia staff (IAC) - Creak News

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IAC is laying off a third of Investopedia staff (IAC)

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Barry Diller, Chairman and Senior Executive of IAC/InterActiveCorp and Expedia, Inc., rides a bike during the first day of the annual Allen and Co. media conference in Sun Valley, Idaho July 8, 2015. REUTERS/Mike Blake Thomson Reuters


InterActiveCorp — the holding company behind OKCupid, Vimeo, The Daily Beast, and more — plans to lay off about one third of the staff at Investopedia, according to a regulatory filing Friday. 

In a New York State WARN notice dated July 31, the company said the firing of 36 of the financial encyclopedia's 96 employees was due to economic reasons and that the employees were not unionized. 

See the rest of the story at Business Insider

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from Business Insider https://ift.tt/2Onrux9

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