Article 64HN1 LadBible to sack 10% of staff as it warns of tough trading conditions

LadBible to sack 10% of staff as it warns of tough trading conditions

by
Jim Waterson Media editor
from Economics | The Guardian on (#64HN1)

Online media company, which has seen its share price slump, blames economy for job losses

LadBible, one of the UK's biggest online media success stories, is sacking 10% of its staff following a slump in its share price and a warning about tough trading conditions.

The Manchester-based company blamed the state of the economy, which it variously attributed to the war in Ukraine, the hangover from Covid lockdowns and growing price inflation caused by political instability".

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