Must-Read Money Stories for Thursday, Jan. 5
by Dustin Dwyer January 5, 2017Big cuts at Medium
Publishing platform Medium will lay off a third of its workforce and try to change its business model. Medium CEO Ev Williams announced the changes in a post on, what else, Medium. Williams says about 50 employees will lose their jobs in the restructuring. The company is still exploring what the new business model will look like, but it won’t be driven by ads, according to Williams. Re/code notes, despite the troubles, Medium was valued last year at $600 million.
CES 2017
Record auto sales
Now hiring
If you, or anyone in your audience, is looking for work, 2017 could be a good year. But the International Business Times notes job prospects vary widely by city, so it really depends on where you live, or are willing to relocate. IBT’s conclusion: Head for Scottsdale, AZ, Tacoma, WA or Cape Coral, FL and avoid Fresno, CA, Cleveland and Detroit.
“CES 2017_Samsung_Space Racing-preshow setup_Levy” by ETC-USC on flickr, CC by 2.0