News
Motricity staff lay-offs?
Tim Green Feb 25 2008, 11:19am
Motricity is rumoured to be slashing 200 staff from its workforce.
The tech web site WRAL says the content delivery and management specialist is preparing a drastic streamlining of its operation and could lay off many of its 650 workers. The move would be part of a rationalisation following Motricity’s purchase of InfoSpace for $135 million in October.
Over the years, Motricity has raised more than $350 million in VC. It currently works with 11 of the top 13 operators in North America.
