A tragic week for Arc XP, as 25% of the staff has been laid off. In total, 54 employees are being forced to leave the company behind the content management system (CMS) used in Spain by the PRISA group.
According to WaPo itself, it was Arc XP’s president, Matt Monahan, who announced the layoffs as a “difficult but necessary” step aimed at creating a “more sustainable business.” This round of layoffs comes a year after the last one.
These layoffs come with a new strategy that is undoubtedly necessary. With fewer resources, Arc XP will now focus on enhanced content creation through artificial intelligence, personalized user experiences, and advanced analytics for Arc XP’s thousands of clients worldwide.
It’s important to note that Arc XP was created shortly after Amazon magnate Jeff Bezos purchased The Washington Post. It was thought that this CMS, or more accurately, DXP, would become a significant new source of revenue for the newspaper alongside advertising and subscriptions, but it seems those predictions have not been met.
Arc XP is one of the CMS platforms that will showcase its AI capabilities at the artificial intelligence event organized by CMS MAG, called AInnovation, which will take place on October 10 in Madrid. Free tickets are still available.
Note: This article has been modified at Arc XP’s request. The mention that the company had not met its revenue and profit targets has been removed. Additionally, mentions of The Washington Post have been deleted, as Arc XP and WaPo are now completely independent companies.
* Article written by Jorge Mediavilla, translated using chatGPT and reviewed in english by Jorge Mediavilla.
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