Criteo laying off 140 employees across all division

French Adtech company Criteo is giving pinkslip to 4 employees across all division due to financial crunch and may undergo reorganization. Criteo laying off around 4% of their work force with various job titles across all department in France with business restructuring to get its business back on track.

Criteo found in 2005 has speciality in retargeting, internet advertising, recommendation, personalization, search, behavioral targeting, ecommerce, CPC, global leader, and progammatic. running by current CEO Megan Clarken. Criteo (NASDAQ: CRTO) is the global commerce media company that enables marketers and media owners to drive better commerce outcomes.

There was no official communication to us from Criteo but you can always refer Criteo internal gossips and layoff news on our Criteo discussion board.

As per company spokeperson to media, Due to global situation..

Criteo Layoff Details in Brief

4 Criteo employees were laid off over the phone call/email without putting them into PIP (performance improvement plan), as per various media houses. This layoffs at Criteo surely have a deep impact on the affected employees across all division. The main concerns about job security and employability, Criteo employee may find themselves struggling with uncertainty and anxiety. However, it is important to note that layoffs are often a reflection of broader market forces rather than individual performance and we layoffnewz team wishes that all laid off employee will get alternative jobs soon.

You can connect with Criteo Official website for more details about this layoff.

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