Former employees remain uncompensated after MediaMath’s bankruptcy filing
John (pseudonym) has endured a tumultuous month. It started on a Friday, four weeks ago, when he started his day as an employee at MediaMath, only to find himself unexpectedly unemployed by the day’s end.
Long-running speculation as to MediaMath finding a third party to bail its investors out of trouble intensified in the weeks running up to its bankruptcy order with sources telling Digiday sales negotiations broke down.
Just hours later, the approximate 300 people that formed MediaMath’s workforce were informed of the news, unleashing a Pandora’s Box of misfortune upon those that placed their trust in management and investors.
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Source:: Digiday
