XL Media Lays Off Employees To Save Costs

XLMedia PLC has come to a decision to lay off its employees in a bid to cut costs. The company has announced that it intends to save USD5 million by laying off staff and moving towards automation and outsourc...

XLMedia Confirms Group CFO and CTO Appointment

Affiliate marketing services provider XLMedia has appointed Iain Balchin as its new Group Chief Financial Officer and also brought in Sarah Clark as Chief Transformation Officer. Balchin will join XLMedia fr...

XLMedia Warns Of Revenue Hit From Google Ranking Demotion

Affiliate marketing specialist XLMedia’s shares declined 29.4% as it announced recent changes to the Google rankings of its sites have led to a “significant decrease in traffic” that would hurt the company’...

XLMedia Plots Operational Overhaul In 2020

XLMedia has admitted that the business will have to ramp up expenditure to support sustainable growth in the medium term, prompting the performance marketing specialist to launch a strategic review with a...

Regulatory Trends Push Revenue And Profit Down At XLMedia

XLMedia has put a 10% year-on-year decline in revenue during the first half of the year primarily down to regulatory headwinds, while the digital marketing service provider also saw gross profit slip 9% i...

XLMedia Seeks New Financial Chief As Dahan Exits

Yehuda Dahan has stepped down as Chief Financial Officer of digital marketing services provider XLMedia with immediate effect. XLMedia did not disclose the reasons behind the departure, but did confirm tha...