Plex lays off more than 20 percent of its staff

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Plex lays off more than 20 percent of its staff

https://www.theverge.com/2023/6/28/23777418/plex-layoffs-20-percent-staff?

The company has been affected by the downturn in ad markets.

Plex lays off more than 20 percent of its staff

Plex laid off 37 people on Monday, a figure that represents more than 20 percent of the company’s staff, according to a Slack message from CEO Keith Valory obtained by The Verge. The layoffs affect “every department,” Valory wrote.