BENlabs Names New CEO and Lays Off Half Its Staff After Failed AI SaaS Experiment

BENlabs, formerly Branded Entertainment Network, has cut half its staff and pulled the plug on CEO Ricky Ray Butler and his ongoing efforts to transform the company into an Al SaaS provider. ADWEEK obtained an email to the staff from May 24 announcing the cuts written by the company’s new CEO Ted Sheffield, and it…

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