Wednesday, October 22, 2008

Seesmic Shift - Layoffs at Video Conversation Company

Loic Le Meur's Seesmic has asked about 10 of their roughly 25 - 30 employees to leave (most last week, and 2-3 about three weeks ago).

Seesmic is all about video conversations - upload your videos, join in the conversation.  Great.  I wonder what the Seesmic team is talking about now.

Just as with most of the other companies going through layoffs this early, Seesmic has a bit of money in the bank (including a recent $6 Million round of funding, and another $6 Million last year), and is tightening its belt for the upcoming economic winter.

seesmic homepage

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