People Inc. cuts 195 jobs across offices citing rapid media changes
People Inc. announced Thursday layoffs affecting 195 staff members at its various offices.
Affected departments and roles
The company stated that the vast majority of those affected work in print and legacy web businesses. CEO Neil Vogel explained these cuts are necessary as the organization evolves for a prosperous future.
Financial performance in Q2
Revenue declined 2% to $416.7 million during the second quarter of 2026. Digital revenue rose 6% while print revenue dropped 16% to $132.6 million.
Future hiring plans
The company added 320 new employees in 2026 and plans to continue investments in 2027. Vogel noted that rapid changes in media require the business to constantly adapt.
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