Monday, November 17, 2008

Airball, Nothing but Air: Wisair to layoff 30

Wisair recognizing momentum behind pushing the bleeding edge of technology is slowed and due to slow further has decided to layoff 30 to try and wait for the market to come back to them.

It will be a neat technology once it is refined and the prices come down to be embeddable in a wide range of devices. However, the consumer is not able to buy devices in the regular upgrade cycle with their credit shut off, losing their job, or otherwise hunkering down fiscally in a marked difference from how they lived for the past two decades. This will slow technological progress and some startups who have no plan B and only products addressing future markets will die waiting. That is not to say Wisair is one of them since they seem to have a bulky amount of funding to keep them active.

Wisair has offices in Israel, the country, and Campbell, CA.

Related:
National Disgrace: National Semiconductor Layoffs
Applied Soup Kitchens
A Googol Reasons why the Great Ad Fallback Biz Model is Full of Fail

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