The board views the leadership transition as a positive step, showing faith in David Kostman's potential to steer the company towards growth and increased profits. Yaron Galai's ongoing role as Chairman and advisor is also seen as advantageous for the company's strategic path.
Companies announced heads cuts cuz they have to, the businesses are too difficult to keep going like before. After the layoffs, it’s probably good news due to much lower fees and higher employee qualities, can recruit people back when Spring coming.$メタ プラットフォームズ A(META.US)$ -$Twitter (Delisted)(TWTR.US)$layoffs: 50% of workforce laid off (November, 2022) -$ジロー・グループ(Z.US)$layoffs: 5% of workforce laid off (October, 2022) -$Peloton Therapeutics(PLTX.US)$layoffs: 12% of workfor...
In a November 4th interview, the CEO of Bloomberg Media Justin Smith said that "There’s been this windfall of advertising spend that has really been unprecedented," and added that "I’ve never seen anything like it in my career." "It started in 2020, the second half, particularly in the fourth quarter," he said. "It powered through 2021. Particularly digital advertising, but even some of the traditional platforms like TV and print have done extremely well." His comments were corroborated by Q3 earnings results from ad tech stocks.$アルファベット C(GOOG.US)$is trading at an all-time high after reporting earnings.$トレードデスク A(TTD.US)$jumped after analysts raised estimates for TradeDesk's full year earnings, leading to gains for other ad tech stocks, including$パブマティック A(PUBM.US)$,$クリテオ(CRTO.US)$,$マグナイト(MGNI.US)$,$テックターゲット(TTGT.US)$), and$カードリティクス(CDLX.US)$. $タブーラ コム(TBLA.US)$reported strong results today and raised full year guidance, suggesting the strength in ad spending has continued from Q3 into Q4. Note that Taboola rival$アウトブレイン(OB.US)$has yet to report results.
アウトブレインに関するコメント
After the layoffs, it’s probably good news due to much lower fees and higher employee qualities, can recruit people back when Spring coming. $メタ プラットフォームズ A(META.US)$
- $Twitter (Delisted)(TWTR.US)$ layoffs: 50% of workforce laid off (November, 2022)
- $ジロー・グループ(Z.US)$ layoffs: 5% of workforce laid off (October, 2022)
- $Peloton Therapeutics(PLTX.US)$ layoffs: 12% of workfor...
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"It started in 2020, the second half, particularly in the fourth quarter," he said. "It powered through 2021. Particularly digital advertising, but even some of the traditional platforms like TV and print have done extremely well."
His comments were corroborated by Q3 earnings results from ad tech stocks. $アルファベット C(GOOG.US)$ is trading at an all-time high after reporting earnings. $トレードデスク A(TTD.US)$ jumped after analysts raised estimates for TradeDesk's full year earnings, leading to gains for other ad tech stocks, including $パブマティック A(PUBM.US)$ , $クリテオ(CRTO.US)$ , $マグナイト(MGNI.US)$ , $テックターゲット(TTGT.US)$ ), and $カードリティクス(CDLX.US)$ .
$タブーラ コム(TBLA.US)$ reported strong results today and raised full year guidance, suggesting the strength in ad spending has continued from Q3 into Q4.
Note that Taboola rival $アウトブレイン(OB.US)$ has yet to report results.
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