Get all their promises in writing - Anonymous employee dealnews.com Employee Review

Hello, and thank you for the critical feedback that you have provided. We know that it is very difficult to revisit the dark day of our reduction in force in Q1 of 2023. With the tech industry losing over 240,000 jobs in the previous year, it was truly agonizing for DealNews to find itself among the companies conducting first-quarter layoffs. We carried out a reduction in force at the beginning of 2023 as a part of our focus on efficiency across the organization. We did not eliminate whole divisions. Instead, we reduced our Content Department to match the workload, and enhanced our processes by removing redundant practices and implementing new technologies and automation. Despite this past decision, we do believe that we do a good job striving each day to reflect our core values of curiosity, humility, and compassion. We want our employees to feel valued and supported in a job that they find fulfilling. We want none of our employees, many of whom have been employed for 10+ years, to worry about their job stability. We still conduct regular all-staff meetings in which we discuss the company’s revenue and profit. Moving forward, we will be able to reflect on what more we can do based on your valued feedback. We are grateful to you and to everyone who has contributed to the success of DealNews, both past and present.