Angie's List Parts With Sales StaffPosted: Updated:
Indianapolis-based Angie's List Inc. (Nasdaq: ANGI) has confirmed to Inside INdiana Business it is cutting nearly 100 staff positions. Chief Operating Officer Mark Howell says the "painful" decision is part of a larger effort to improve productivity among the company's sales teams. August 22, 2014
Statement From Angie's List Chief Operating Officer Mark Howell
"It is extremely difficult to make a business decision that will have an impact on our colleagues and their families. This painful step is part of an overall plan to improve our sales productivity and performance and establish a new performance-based measurement system by which we will evaluate our sales teams.
Our business remains sound and we are focused on continuing to make progress on our strategy. We expect to continue to add resources to our salesforce over time to support growth in both advertising and e-commerce revenue.
This is a challenging time, but we have a strong and dedicated employee base that is committed to our continued success."
Source: Angie's List Inc.