Run Spot, run.
Nov.03, 2008 in
Bubble Burst
The layoffs at Spot Runner are a lot worse than we expected. Instead of 50 to 75 people, Spot Runner is cutting much deeper—eliminating 115 jobs. Co-founder and CEO Nick Grouf characterizes this as “under 30 percent” of the company’s total headcount (which he declines to specify, but must be at least 384 people). (TechCrunch)
Tags: SpotRunner
November 3rd, 2008 at 9:28 pm
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November 7th, 2008 at 6:32 pm
Bye bye 110 million dollars. Can’t anyone read through the blog spin anymore? Even custom TV and web ad maker Cheap TV Spots beat the pants off them for quality and value. Why did it cost investors so much money, and the company so many jobs, to try to keep up with just one online agency? So what if CheapTVSpots started the discount online TV ad agency business and won over one hundred awards. Grow up Spotrunner. Just let it go. All their big investors should have forced the company to dump their assets while they could on Microsoft before anyone else looked at their books. Now it appears that it’s too late. What are the remaining employees supposed to do?