Video site Break lays off 11, looks to hire more
There are a lot of video sites out there these days, and none of them — including market leader YouTube — have figured out how to become billion-dollar businesses. So layoffs in this area are not surprising, now that startups are facing the larger economic downturn. That more or less what the latest job-cutter, video site Break.com, tells CNET.
Yet, “[e]ssentially, we are profitable,” chief executive Keith Richman adds. His company has gone from trying to… Continue Reading