Catena Media has carried out another wave of redundancies, this time hitting its regional sites team alongside personnel in its broader tech and marketing functions.
The affiliate marketing company confirmed the layoffs to NEXT.io, describing the cuts as part of its continuous streamlining of operations and in line with its strategy to sharpen focus on core products.
Multiple sources familiar with the matter told NEXT.io that the regional sites team was eliminated entirely, with its responsibilities redistributed across other groups within the business.
Catena confirmed the restructuring has affected five roles in total, with the company stating that those impacted are being supported directly.
The latest cuts follow a turbulent period for the business, which saw both revenue and EBITDA collapse amid damaging Google algorithm updates that eroded its SEO performance.
An over-reliance on the US market and new state rollouts further compounded the company’s difficulties, leaving it in a weakened position over several consecutive years.
The Manuel Stan-led company is widely believed to be on surer footing now, with its shares surging 70% in February following a well-received Q4 report that outlined a strategic reset.
Despite those early signs of recovery, remaining staff have endured numerous redundancy rounds, with sources suggesting to NEXT.io there were three separate waves of layoffs in 2024 alone.
Catena’s Annual Report last year revealed the business let go of approximately 50 people, equating to around 25% of total staff, during the second quarter of that year.
Those cuts at the time reached all levels of the organisation, including senior management, and involved the elimination of an entire management layer, with annual savings projected at between €4.5m and €5.0m.
Sources indicated additional cuts followed in 2026, a picture supported by the company’s Q1 2026 materials, which stated that total personnel expenses had fallen by 18%.
Catena Media is far from alone in reducing headcount, as redundancies have become increasingly common across the online gambling industry throughout 2026 in a range of business functions.
