Plexure to cut workforce by a quarter in effort to generate positive cash flow

Thu, 29 Jun 2017

By Paul McBeth June 30 (BusinessDesk) - Plexure Group, the digital advertising firm formerly called VMob, plans to trim its workforce by more than a quarter in an effort generate positive cash flow by the end of the year. The Auckland-based company will cut nine permanent jobs and six contract staff from its 55 strong workforce from August in a restructure as the digital ad firm's product development stage ends and it sees growing demand for professional services. From August Plexure will operate in four streams: sales and account manage...

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