Veoh killing 20 jobs in the company
November 6th, 2008 Leave a comment Visited 34 times, 1 so far today
Veoh killing 20 jobs in the company
Video sharing service Veoh has announced that they are now cutting 20 percent of its workforce.
This means that the company would let go off around 20 employees to cut costs.
Company representative Gaude Paez said in a statement: “We know the realities of the market. But no one knows how soft the ad market will get.”
Paez however clarified that the company is in good financial health.
Veoh competes with services like YouTube and Hulu. It remains to be seen if they can sustain in the longer run against these services which have massive backing.
Checkout: Veoh
Digital Media, Google, hulu, Job Cuts, Veoh, Veoh Networks, Veoh.com, video, video sharing, Web Services, YouTube
Sukhdeep Verma
Category: News
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