Mediaalpha Inc
Change company Symbol lookup
Select an option...
MAX Mediaalpha Inc
BB BlackBerry Ltd
MORN Morningstar Inc
GHYUSiv.P JPM Gbl HY Corpo Bd Multi-Fctr UCITS ETF USD A
DBD Diebold Nixdorf Inc
SHPH Shuttle Pharmaceuticals Holdings Inc
MSGE Madison Square Garden Entertainment Corp
IMMX Immix Biopharma Inc
AAPL Apple Inc
ANGN Angion Biomedica Corp

Communication Services : Interactive Media & Services | Small Cap Blend
Company profile

MediaAlpha, Inc. is an online customer acquisition channel in property and casualty (P&C) insurance, health insurance and life insurance. The Company’s technology platform brings insurance carriers and consumers together through a real-time, programmatic, and transparent ecosystem. Its platform is a set of predictive analytics algorithms, which incorporates various variables to generate conversion probabilities for each consumer. The Company’s platform allows buyers to fully integrate first-party consumer data to enhance targeting parameters, bidding granularity and conversion tracking. Its search and conversion datasets enable automated, algorithmic customer acquisition optimizations. The Company’s search and conversion datasets enable automated, algorithmic customer acquisition optimizations. It offers a self-service model, which enables its partners to directly manage the buying and selling process independently.

Closing Price
Day's Change
0.00 (0.00%)
B/A Size
Day's High
Day's Low
(Heavy Day)

10-day average volume:

More than 139,000 tech-sector employees have lost their jobs since the start of 2023

12:03 pm ET March 21, 2023 (MarketWatch)

By James Rogers

This year is firmly on pace to surpass 2022 for global tech redundancies, with tech companies laying off more than 139,000 employees so far

More than 148,000 global technology-sector employees have been laid off since the start of 2023, according to data compiled by the website

The website's tally of 2023 global tech layoffs has gone up more than fivefold since mid-January.

The data suggest that 2023 is firmly on pace to surpass 2022 for global tech redundancies, with 505 tech companies laying off 148,180 employees since the start of the year. Last year, 1,024 tech companies laid off a total of 154,336 employees, according to

Related: Meta to cut 10,000 more jobs in latest round of layoffs for Facebook parent

On Monday, Inc. said it was eliminating another 9,000 jobs

In a memo to staff, Amazon (AMZN) Chief Executive Andy Jassy said the cuts would take place over the next few weeks and primarily affect Amazon Web Services, People Experience and Technology Solutions, advertising and Twitch. [Twitch CEO Dan Clancy broke the news of 400 layoffs to employees in a blog post later Monday.]

"This was a difficult decision, but one that we think is best for the company long term," Jassy wrote.

Last week, Facebook parent Meta Platforms Inc. (META)announced plans to lay off an additional 10,000 employees as it focuses on a "year of efficiency."

"With less hiring, I've made the difficult decision to further reduce the size of our recruiting team," Meta Chief Executive Mark Zuckerberg wrote in a blog post on March 14. "We expect to announce restructurings and layoffs in our tech groups in late April, and then our business groups in late May."

See also:Meta's pivot from 'irresponsible' metaverse spending earns stock an upgrade

Zuckerberg added: "Overall, we expect to reduce our team size by around 10,000 people and to close around 5,000 additional open roles that we haven't yet hired."

Related: Meta cuts more jobs in latest tech layoffs

In November, Meta announced that it would cut 11,000 employees, or about 13% of its workforce, in the first layoffs in the company's 18-year history.

A host of tech companies, including Palantir Technologies Inc. (PLTR), Twilio Inc. (TWLO), DocuSign Inc. (DOCU), Salesforce Inc. (CRM), SAP (SAP.XE), Zoom Video Communications Inc. (ZM), eBay Inc. (EBAY), Dell Technologies Inc. (DELL), PayPal Holdings Inc. (PYPL), International Business Machines Corp. (IBM), Intel Corp. (INTC), Microsoft Corp. (MSFT), Spotify Technology (SPOT) and Google parent Alphabet Inc. (GOOGL)(GOOGL) have announced job cuts in 2023.

In late February, citing three people familiar with the matter, the New York Times reported that Twitter had laid off another 200 employees, equal to about 10% of the roughly 2,000 people still working at the company. MarketWatch has reached out to Twitter with a request for comment.

-James Rogers

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.


(END) Dow Jones Newswires

March 21, 2023 12:03 ET (16:03 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

Earnings Calendar and Events Data provided by |Terms of Use| © 2023 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., ,, and

Copyright © 2023. All rights reserved.