Category: Perion
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Perion lays off 6% of workforce
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Israeli digital advertising company Perion network (Nasdaq: PERI; TASE: PERI) is implementing a simplification plan that will include an estimated 35 layoffs – 6% of the company’s workforce. At the end of 2023, Berion had 561 employees, including 235 in Israel, and today the company has 650 employees. Sources close…
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Perion plummets on more Bing changes
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Israeli digital advertising company Perion network (Nasdaq: PERI; TASE: PERI) once again revised its forecasts downward. Two months after announcing that pricing changes made by Microsoft’s Bing search engine had detrimentally impacted the company’s revenue, Perion has now announced that Microsoft Bing is excluding a number of publishers from its…
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Perion plummets on more Bing changes
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Israeli digital advertising company Perion network (Nasdaq: PERI; TASE: PERI) once again revised its forecasts downward. Two months after announcing that pricing changes made by Microsoft’s Bing search engine had detrimentally impacted the company’s revenue, Perion has now announced that Microsoft Bing is excluding a number of publishers from its…