Locally based digital media firm slashes jobs

After years of fast growth, The Penny Hoarder hits a speed bump.

  • By Business Observer Staff
  • | 3:58 p.m. March 20, 2019
  • | 0 Free Articles Remaining!
Mark Wemple. Penny Hoarder founder and CEO Kyle Taylor.
Mark Wemple. Penny Hoarder founder and CEO Kyle Taylor.
  • Tampa Bay-Lakeland
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ST. PETERSBURG — The Penny Hoarder, a St. Petersburg-based personal finance website, announced job cuts Wednesday.

The layoffs come on the heels of years of strong growth for the company, founded by Kyle Taylor, an entrepreneur who struggled with college and credit card debt and launched the site as a blog that shared his money-saving tips.

 

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