Connect with us

Hi, what are you looking for?

Business

Despite Positive Revenue Projections, ‘Future’ Making Layoffs

TechRadar Gaming, Android Central, Windows Central

Future, the United Kingdom based media outlet, has official announced a series across it’s publications despite high profit margins forecast for the end of the month, according to an official statement.

Editorial staff across brands such as TechRadar Gaming, Android Central, Windows Central and iMore are affected, although how extensive the layoffs will be has yet to be determined.

“It is with regret that a very small number of colleagues were affected, following a structure change to one vertical of our extensive brands,” Future said on their official Twitter page. “With the current climate and addressing these challenges, it was a very difficult decision for us to make.”

Earlier this year, an article from the Press Gazette reported that Future has the largest pay discrepancy between average employees and executive, with CEO salaries reaching around 240 times higher than the average employee salary.

 

 

Click to comment

You must be logged in to post a comment Login

Leave a Reply

You May Also Like

News

A new patch for Assassin’s Creed Odyssey has arrived and with it comes the transmog, and increased level cap, and a new Mercenary Benefits...

News

A new patch for No Man’s Sky has arrived and update 1.55 is officially rolled out for the PC, PlayStation 4 and Xbox One, addressing...

News

When Destiny 2: Forsaken officially drops on September 4th on PC, PS4, and Xbox One, a lot of changes are going to be implemented, some...

News

PlayerUnknown’s Battlegrounds is set to arrive on Playstation 4 in December after it appeared in the Playstation 4 store database, discovered by a member...