Posted on August 25, 2022
It is with sad hearts that we inform you that we’ve had to make organizational changes and reduce the staffing level of the company. We developed a very ambitious plan for impact.com at the start of this year based on both our vision for the business as well as what the market was rewarding at the time. Halfway through our fiscal year now, it is very clear that macroeconomic conditions have changed in a once-in-a-generation way; therefore, we must change how we are operating the business going forward if we are to fully realize our vision of becoming the global standard platform for partnerships. As a result, we will eliminate roughly 10% of current positions in the company, and we feel compelled to share more information about how we arrived at this decision and what our employees should expect next.