Catena Media has reduced its workforce again, eliminating five positions across its regional sites, technology and marketing operations as the affiliate group continues to streamline its organisation.
The latest changes follow a restructuring of Catena Media’s regional sites team, with responsibilities previously handled by that unit redistributed across other parts of the company. Five roles were affected by the move, according to industry reports.
The cuts represent another step in a wider cost-reduction programme that has significantly reshaped the Malta-headquartered affiliate business. Catena Media eliminated around 50 positions during the second quarter of 2025 as management sought to simplify operations, reduce expenses and improve efficiency following a prolonged period of weaker financial performance.
During 2025, the company also disposed of esports-related and other non-core assets as it concentrated resources on its main online casino and sports betting affiliate operations. Catena Media said in its 2025 annual report that organisational changes implemented during the first half of that year contributed to a substantial improvement in performance during the second half.
Those measures began producing stronger financial results toward the end of 2025. Revenue from continuing operations reached €15.6 million in the fourth quarter, up 53% year-on-year, while adjusted EBITDA rose to €4.7 million. North America generated €15.2 million, or 98% of total continuing-operations revenue during the quarter.
The recovery continued into the opening quarter of 2026. Catena Media reported revenue of €12.3 million for Q1, a 26% increase from €9.8 million a year earlier. Adjusted EBITDA climbed 191% to €2.7 million, producing a margin of 22%.
Cost control has remained central to the strategy. Personnel expenses excluding short-term incentive provisions fell 36% year-on-year to €3.6 million in Q1 2026, while management said the company continued to benefit from earlier savings measures and its transition to a flatter organisational structure.
The latest five job reductions therefore come despite a recent improvement in Catena Media’s financial position, suggesting management remains focused on maintaining a leaner operating model rather than reversing previous restructuring measures.
Investors will receive a clearer picture of the company’s current trajectory when Catena Media publishes its second-quarter 2026 interim results on 11 August.