AppNexus restructure results in 150 redundancies

Adtech outfit AppNexus is carrying out an overhaul of its operations in a move that will see it implement 150 redundancies across the globe, taking its headcount to beneath 1,000.
The move will effectively see AppNexus de-silo, with the company moving from an operation that was previously split between its buy- and sell-side activity, to one that is more homogenized.
A company spokesman told The Drum the resulting reorganization would have resulted in duplication of labor in several areas of its