01-07-2008, 04:33 PM
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#1 (permalink)
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Join Date: Jun 2006
Location: New York City
Posts: 8,355
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Azoogle Nukes Around 20 Employees
Rumors were flying earlier, just got the official confirmation and statement from Azoogle over the news. It is confirmed as LEGITIMATE. The number of people fired/downsized though was confirmed as a "very close estimate".
The following is an official memo/statement issued by Azoogle about 10 minutes ago, from when this thread was created... Remember, you heard/saw this first, on WickedFire.com!
Quote:
On January 7, 2008, AzoogleAds confirmed that it has reduced its workforce, thereby streamlining its operations and enabling continued operations at maximum efficiency.
It is part of a strategic initiative to properly size the organization to 1) ensure its continued impressive income growth trend over the last 7 years and 2) to properly allocate and prioritize resources that are internally-focused and outsourced. The workforce reductions were mainly done in the Toronto office, and the company still maintains a strong presence there.
AzoogleAds continues to take pride in retaining some of the best and brightest talent, who support the companys leadership position in the online marketing industry. External partnerships, business development, publisher relations, and ongoing business conducted with all other 3rd parties are unaffected.
AzoogleAds continues to be headquartered in New York City, with offices in San Francisco in addition to Toronto.
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Doh!
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