"Cloud-based polling service SurveyMonkey informed employees today that it is letting go of about 100 people in a plan to retool its product aimed at businesses, which is not living up to expectations....
The company hired two new execs to run that group last week: Steve Norall was named senior VP for business product, and Brad O’Neill was appointed senior VP for global sales."
“When you have a healthy business like we do, you have to have high standards when you enter a new business, and you have to recognize it strategically when you’re missing the mark,” he said. “The products and solutions in place were not going to generate long-term value for SurveyMonkey. We have some big ideas for that business and we’re going to get to work in retooling it.” - CEO Zander Lurie
Author: Arik Hesseldahl
Date: March 1, 2016
Date: March 1, 2016