Did theSkimm try to expand too quickly?

Welcome! I'm Simon Owens and this is my tech and media newsletter. You can subscribe over here or just click on this handy little button: With the near daily announcements of media layoffs over these past few weeks, it’s difficult to read too much into the news that a particular outlet is letting workers go. As has long been established, advertising budgets are among the first line items to be affected by an economic downturn, so media companies often fare particularly badly during recessions.

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