The layoffs were across human resources, support, and operations, the company’s vice president of communications.
Co-founder Hamish McKenzie stated that the top 10 publications on Substack draw in over $20 million per year.
"The two covered everything from how Cowherd deals with critics to the differences between his two most recent network stops."
"Helwani noted how much he enjoys MGM properties every time he goes out to the Nevada desert for a big fight."
Helwani just wrapped up a three-year stint at ESPN.
From a pool of several entries, Substack will choose 30 local news writers who will receive support from the newsletter platform.
With Substack's popularity growing since its foundation in 2017, the company seeks to raise $65 million in investments to capitalize on its platform's popularity.
Email puts it right in front of them and meets people where they’re at.