Staff Layoffs, Sale Rumors At imeem

imeem, the social networking music site that last December entered into a lopsided licensing agreement with Universal and earlier this year snagged $15 million from Warner Music Group, today announced that it laying off a full quarter of its staff; Paid Content reports that the company is being said to have hired a firm to put itself on the sales block. Only five months ago, Maura mentioned that imeem was enjoying robust growth, with unique visits up 58%. I wouldn’t even like to pretend to know how ugly the math on this must be. [Alley Insider]

 
Legal Staff Layoffs, Downsizing Economy, Layoff Warning Signs, Law ...
Staff Layoffs Career Coaching - Home Page
Teacher Cuts, Staff Layoffs, Schools Closed (Added: April 21, 2008)
Slippage possible in layoff notices
STAUNTON — School officials hope to get letters to staff whose positions will likely be cut by next Friday, but there may be some slippage. Staunton school officials, meanwhile, are continuing to meet with instructional aides who are likely to ...
Southern University starts layoffs
Chancellor James Llorens said Friday that the immediate layoffs include fewer than 10 staff employees and tenured architecture professor John Delgado, who will lose his job as of Feb. 15. A few more tenured faculty cuts were expected this month ...



 
  1. loudersoft  |   Posted on Oct 23rd, 2008

    Surprised nobody has mentioned that one of imeem’s founders went to work for WMG late last year. Possible this has something to do with that magical $15mil?

Leave a Reply

Sign In Login