The exodus of talent started almost a year ago, but now they are laying off project managers as well.
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They laid off a bunch of social pms, strategists, and pared back on freelance creative
So it looks like this is a company wide RIF across all jobs with project managers taking the biggest hit.
This has been rumored about for a while now - I left in 2013 and I am really not surpised that Nitro is being hit.