Another business emerging from peer-to-peer (p2p) piracy has hit turbulent weather. BitTorrent has cut itself in half laying off 18, hopefully it can be like a worm and survive the cut and grow itself back. Without a clear business model that may be difficult.
Their product is an interesting concept, but I do not know if they patented it and whether it has clear paths to profitable businesses or services. The 18 people let go will likely have a difficult time justifying big and little expenditures this holiday season.
Related:
National Disgrace: National Semiconductor Layoffs
Dash and Crash
Pandora's Bawx
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