Electric Sheep Downsizing - lays off 22 (20% of the company)

Posted by Marshall on December 18, 2007 | Link It

Ha Ha Ha .. and I thought the Sheep were doing so well ….. not.  In Interview: Electric Sheep Company Lays Off 22, Repositioning for 2008 Virtual World News reports:

The Electric Sheep Company, one of the leading virtual worlds developers, laid off 22 members of its staff today in a rightsizing and repositioning of the company to address the changing virtual worlds market, Valerie Williamson, VP of Marketing and Business Development, for Sheep tells VirtualWorldsNews.com in a telephone interview. "We have seen tremendous growth over the last year and this is a right-sizing of the organization," she says. "The company is very healthy and not in financial trouble." The marketplace is changing and Sheep is changing with it.

If they're doing so well - why did they need to cut so deep?

 



1 Response

These are the current comments for "Electric Sheep Downsizing - lays off 22 (20% of the company)"

Anonymous
12/18/07 @ 4:59 pm

MOU counters….ESC’s another “FIRST!”

“we’re now THOUSANDS OF US” is claimed in all out VR hype war.



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