TVNewser AgencySpy TVSpy LostRemote FishbowlNY FishbowlDC SocialTimes AllFacebook 10,000 Words GalleyCat UnBeige MediaJobsDaily

VMS To Layoff About 3% of Workforce

vmsLogo.gif

Media monitoring and analysis firm VMS will layoff a little under 3% of its total workforce, PRNewser has confirmed with the company.

VMS CEO Peter Wengryn told PRNewser in an interview that 22 people out of almost 800 total employees will be laid off. In addition, several top executives including CMO Michael Giovia have also been told their positions will soon be eliminated, a source close to the matter told PRNewser. PRWeek also heard the same.

Wengryn declined to confirm the executive eliminations to PRNewser.

Many PR professionals may know VMS as the service they use when trying to track down broadcast video clips for their client or company.

Mediabistro Course

Brand Writing

Brand WritingStarting November 5, learn how to expand your brand with strategic marketing copy! Taught by an award-winning content creator, Julian Mitchell will give you the tools to create powerful, seamless messages across multiple platforms and help you to determine the most effective ways to communicate with your customer. Register now!