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Seesmic Cuts 7 Positions Today; 10 Positions in a Month
Seesmic CEO Loic LeMeur has reported today that he has cut 7 headcount from the Seesmic workforce today. This is in addition to the 3 people who were let go last month. I've reached out to Loic to get an idea of how what percentage of total employees this headcount reduction accounts for - when I met Loic at the Seesmic office last month, it seemed like there were about 10 people there but I believe they have an office in France as well.
Update: Liz Gannes says Seesmic has about 13 employees after those let go today.
Seesmic has raised $12 million in venture capital funding to-date. Loic has created a video to explain about the headcount reduction:
Best of luck to everyone who was let go - if I can be of any assistance with connections, let me know.
Seesmic seemed to have tons of staff all over the world so I don't think it's a huge dent for them.
i could be wrong though
How come every time Seesmic farts they get major blog coverage? They have a garbg business model and do not represent the larger startup industry.
i basically agree with you - i am considering doing a deeper dive here. for example were these cuts anticipatory? if not, then why did seesmic host the massive tc50 party just 3 weeks ago?
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