Fallout takes hold: Seesmic publicly lays off 7
Webware.com —
... , announced publicly on Friday that the company is laying off seven people from the start-up. Citing "market conditions and the recession," Le Meur disclosed that most of the let-go staffers are "behind-the-scenes" people who were building out the service. Le Meur said, "The worst is, we love them all." ...
Seesmic Cuts 7 Positions Today; 10 Positions in a Month
CenterNetworks —
... Seesmic CEO Loic LeMeur has reported today that he has cut 7 headcount from the Seesmic workforce today. This is in addition to the ...
Getting The UnParty Started: Seesmic Lays Off 1/3 Of Staff
TechCrunch —
... lets seven employees go, he says, which is more than a third of the company. This comes on top of three employees let go a couple of weeks ago. ...
Seesmic steps up layoffs, look out below
VC Ratings —
... Sign of the times: Noted Silicon Valley startup Seesmic has laid off seven employees, with founder and CEO Loïc LeMeur attributing the move to the souring economy. ...
Seesmic Lays Off Seven More
NewTeeVee —
... Personal video startup Seesmic laid off seven employees today, on top of the three employees it laid off last month. Seesmic founder and CEO Loic Le Meur explains in a video (embedded below) that the layoffs were mostly from the product side. September’s layoffs had been primarily on-camera talent.
Tough times. Tough decisions.also read my blog post http://www.loiclemeur.com/english/2008/10/tough-times-tou.html ...
Reality Check 2.0
WatchMojo.com Business & Technology —
... the seventh straight session of losses as investors bailed from the market in droves, despite new efforts by the Treasury and the Federal Reserve to goose the stalled economy with hundreds of billions in cash.
“We’re way beyond fundamentals. This is just pure panic, that’s all it is,” said Chris Orndorff, head of equity strategy at Payden & Rygel.
What surprises me is the panic that is setting in amongst VC backed companies:
- Seesmic lays off 7 people, or 33%.
The 33% sounds ominous, but ...
Pink Slip 2.0
SiliconBeat » O’Brien —
... But in true Web 2.0 style, Le Meur announced the news publicly on his blog. And he even used his own video service to discuss the news: ...
Seesmic fires a third of staff as recession bites
Enterprise Alley —
... Loic LeMeur, CEO of Seesmic has announced the company is reducing its headcount by seven people. That may not sound like a huge number but as LeMeur says in the video announcement: ...
Business Decisions Are Not Macro (Or This Stuff Is Going To Drive Me Insane)
TomsTechBlog.com —
This is driving me nuts. From the blog of Loic Le Meur (founder of Seesmic)...
As you will no doubt know we are all operating in some very challenging and uncertain times right now. It's never easy to address topics like this but as a company we have felt the need to get Seesmic ready for what most are anticipating to be a bleak economic outlook for the considerable time going forward.
In order to prepare the company and ensure it has as strong a position until we reach to the other side, we have had to make some tough ...
Layoffs Galore: The Tech Bubble Receives a Shake Up
ReadWriteWeb —
... will also layoff several of its employees. In order to prepare for "what most are anticipating to be a bleak economic outlook for the considerable time going forward," Seesmic CEO Loic Le Meur will cut 7, or 1/3, of Seesmic's employees. ...
Roundup: European leaders agree on rescue plan, Microsoft to release Silverlight 2 and more
VentureBeat —
... Seesmic cuts seven employees — The video messaging comany say it’s preparing for the economic downturn by eliminating staff. Expect other startups to follow suit. ...
The week in tech layoffs
Webware.com —
... , a video microblog, announced that it laid off one-third of its workforce due to uncertainty and the company's desire to be prepared if the economy gets worse. ...
Tough Week for Digital Media Startups
Contentinople: —
... have all reportedly reduced headcount in an effort to cut costs. The bad news started last Friday, when Seesmic CEO Loic Le Meur posted on his blog that the video blogging site would let go seven of its employees -- or about one third of his staff. That was followed this week with the news that Jive Software, which makes social software for businesses, reportedly ...
A Bloody Preview Of What's To Come: 122 Layoffs At 7 Web Companies
Silicon Alley Insider —
... Seesmic: This was actually last Friday. The uber-hyped "Twitter for video" startup cut 7 jobs. CEO Loic Lemeur explained the move in a Seesmic-powered video, seen here. ...
Layoffs Roundup: Sirius XM; Zillow; SearchMe; Hi5; Seesmic; Lulu; Zivity; SkyRider
paidContent —
... -- Seesmic: The San Francisco-based video blog commenting platform, which raised $6 million in a second round last June, cut seven employees—one-third of its total workforce— from its payroll last week. In a blog post, CEO Loic Le Meur said he was preparing for "what most are anticipating to be a bleak economic outlook for the considerable time going forward." ...
Zivity and other start-ups lay off workers to ride out economic storm
L.A. Times Tech Blog —
... Seesmic recently laid off a third of its staff. Founder and CEO Loic Le Meur, clearly shaken, made the announcement through his video commenting service. He later said in an interview that the cutbacks, while extremely painful, would add another year of life to his San Francisco company. Investors, which include EBay co-founder Pierre Omidyar, agreed with Le Meur that Seesmic should save as much money as possible. ...
Tech layoffs: The scorecard
Webware.com —
... 3,000
Qimonda: Qimonda announces global restructuring program...
Seesmic
10/10/2008
7
Tough times. Tough decisions
Lulu
10/09/2008 ...

