Latin American favorite Hi5, which lags behind MySpace and FaceBook but has figured out a nice growth strategy, has asked 15 - 20 of its 100+ employees to leave. Thats sad, I know some very good folks there.
Too many layoff and shut-down announcements coming too close to each other. This is starting to get depressing. Again, hope these companies protect the remaining jobs by managing their cash flow more closely.
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