Angie’s List confirms layoffs
INDIANAPOLIS (WISH) — Workers are being laid off at Angie’s List.
The company confirmed that layoffs were occurring but would not say how many.
On Tuesday, the company reported a loss of $16.8 million for the third quarter.
The company released this statement on Wednesday:
As we covered on the earnings call yesterday, we’re always looking to drive efficiencies and have identified another $15-$20M in savings. These are primarily workforce related and targeting non-revenue generating headcount.