Rubicon Project to lose 19% of global workforce

Rubicon Project is to axe 19% of its global workforce amid continued speculation over its future, with the latest development coming as it revealed that revenues for the last quarter grew only 2% year-on-year to hit $65.8m. 
The company included news of the “workforce reduction” – which will see it shed 125 staff members from its headcount – amid its latest Q3 numbers, which the company further forecast would cost it $4m in employee-termination benefits over the