Silicon Valley Layoffs - Not So Hi5

Latin American favorite Hi5, which lags behind MySpace and FaceBook but has figured out a nice growth strategy, has asked 15 - 20 of its 100+ employees to leave.  Thats sad, I know some very good folks there. 

Too many layoff and shut-down announcements coming too close to each other.  This is starting to get depressing.  Again, hope these companies protect the remaining jobs by managing their cash flow more closely.