AdReady has faced reality and cut 40 employees off their roster.
These folks probably were worried about IPO and stock option riches not so long ago, now they're worrying about December 25th. The clownsumer in them will be severely impacted and they will send their own rippled waves across their hometown. With reduced outside dining, less spending on unnecessary items, and possible forceclosures it will be a bleak holiday season in anytown USA.
Lots of startups in Seattle these days and lots of layoffs at these startups. I guess this past year was not a good year to be an entrepreneur for ad supported businesses. I encourage you to see the related article googol below.
AdReady is headquartered in Seattle, WA.
Related:
A Googol Reasons why the Great Ad Fallback Biz Model is Full of Fail
The Future is not so Brite: AdBrite cuts 40%
Out of a Jobster: Jobster Cuts to Barebones
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