Short Take: Spanish-language sports site cuts staff
SportsYA.com said it laid off a quarter of its staff to cut costs and reach profitability. The site, which publishes online information in Spanish about sports in Latin America, also said it raised $10 million in financing from IMG/Chase Sports Capital and from Flatiron Partners, among other investors. The Miami-based company, founded in November 1998, now employs 150 in the United States and internationally.
SportsYA.com said it laid off a quarter of its staff to cut costs and reach
profitability. The , which
publishes online information in Spanish about sports in Latin America, also
said it raised $10 million in financing from IMG/Chase Sports Capital and
from Flatiron Partners, among other investors. The Miami-based company,
founded in November 1998, now employs 150 in the United States and
internationally.