All articles tagged with #digital ad revenue
Daily Kos, a news organization, struggles financially due to declining digital ad revenue and relies on reader donations to sustain its operations, highlighting the broader challenges faced by media outlets in the digital age.
Ride-hailing company Lyft will "significantly reduce" its staff as part of a company-wide restructuring, with reports suggesting around 1,200 jobs could be affected. The move comes as several tech companies, including Facebook and Amazon, have announced job cuts due to a decline in digital ad revenue. Lyft's new CEO, David Risher, said the restructuring is necessary to create a more competitive company that is closer to its riders and drivers. The affected workers will be notified by next Thursday.