Videology sheds 6% of its headcount in global restructure

Videology, an adtech company heavily rumored to be seeking a buyer amid the much-discussed consolidation in the sector, has undergone a corporate restructure which has resulted in it losing 5-6% of its global headcount.
The process, which began in late 2017, culminated in the internal announcement of the redundancies of "five-to-six percent" of its headcount last week, with the cutbacks understood to have impacted its workforce in the US, APAC and Europe.
Although the company did not go into spe