KIT Digital Slashes Workforce By 22% – Decline Of The Long-Term Cloud Lock-In Deal Or Bursting Of The DAM Bubble?


Back in April last year, we reported how various investment websites were ramping the potential of Cloud DAM vendors like KIT Digital by highlighting how they used (abused?) their contracts with clients to lock them in for 24 months to help guarantee a certain level of ‘income visibility’, as financial …

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