Well, not quite.
Imeem's vice president of marketing, Matt Graves, said the question was actually "whether we had done layoffs, not whether we were going to," and that he answered accordingly. Sneaky! He proceeded to confirm a report from PaidContent that a quarter of the company has been laid off.
"There's not as much money floating around the market, and we had to cut our costs to accommodate," Graves said. … Read more