WOBURN, Mass.–(BUSINESS WIRE)–Monotype Imaging Holdings Inc. (Nasdaq: TYPE) today announced a
restructuring of the Olapic business designed to accelerate its
integration into the core Monotype business, thereby helping Monotype to
drive improved growth and customer value for the Olapic offerings, and
to calibrate investments to better support the Olapic business over
time. As a result, Monotype has reduced its headcount by 80 positions,
primarily Olapic employees.
As mentioned on our Q3 earnings call, weve learned a lot about the
Olapic business in the last year. We believe that integrating the
go-to-market teams and focusing our efforts on key…
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