Video Entertainment Site Break.com Cuts 11 Employees

Authored by Mark Hefflinger on October 23, 2008 - 10:10am.

Beverly Hills, Calif. - Male-focused video entertainment site Break.com has laid off about 11 employees from its staff of 80, CEO Keith Richman told CNET News.com.

The news follows word of layoffs this month at fellow Web 2.0 companies including Veoh, ManiaTV, Pandora and Imeem.

"Essentially, we are profitable," Richman told CNET.

"We have 80 people, are growing 100 percent year over year and still actively hiring for a bunch of jobs.

"At the end of our quarter we just looked at what was working well and are focusing more efforts on that. The other stuff was working OK, but just not as profitable."

 

Related Links:
http://news.cnet.com/8301-1023_3-10073981-93.html

http://www.break.com

tags: Video | Break.com | Layoffs |

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