Brightcove Adds to Industry Layoffs
December 10, 2008 10:16 AM
I keep hoping we can make it through the end of the year without seeing any more online video or television industry, or, frankly, ANY layoffs.
But online video technology provider Brightcove let go 25 of its 171 employees recently.
The company said in a statement: “Over this last year, we’ve focused and invested in our platform business. We’ve seen tremendous growth in that business, and we continue to build on the solid lead we have in the category. We’re committed to putting more energy into developing our online video platform, serving our customers and solidifying our technology and innovation advantage. As we move into 2009, we have reconfigured the Brightcove team around our key strategic priorities, and this has involved some staffing adjustments.”
Let’s hope this is the last of it.