Online Marketing Agencies Are Hurting
from the as-online-spending-shrinks,-so-will-these-companies dept
Lot21 has laid off 25-30 employees this past week, cutting their staff from 150 in San Francisco. Lot21 has been the poster-child of successful online marketing agencies and has had marquee partners such as Bank of America, Sega and eBay. According to Lot21 they over-anticipated their needs for Q4. This one is simple math, as online companies scale back their Fall spending, this online marketing agencies have less business.Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
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