DexMedia lays off, makes ad sales virtual
11 Dec 2014
In an unsurprising effort to chop off about $150 million in costs each year, directory giant DexMedia is closing all sales offices and sending its advertising sales staff home to work. The company will also reassign or layoff 1,000 employees, including 350 field sales reps. These staff changes or cuts represent 25 percent of its workforce.
Here’s the announcement: