Showing posts with label signs of economic downturn. Show all posts
Showing posts with label signs of economic downturn. Show all posts

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

Auctioning off Jobs - eBay laid off 1,500

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I had forgotten to mention earlier, but eBay, as expected, cut 1,500 jobs.

Their latest earnings report was ok.  And they're finally getting serious about selling off Skype, even as Skype revenues keep growing... making it an attractive spin-off. 

I'm hoping eBay gets its act together, but I really don't like using them any more.