Glam Lays Off 14, Reorgs Sales Team
Valleywag, which first reported the layoffs, suggests that this bodes poorly for Samir Arora and his company, seeing as the ad market slowdown is now hitting the Web as well. The counter-spin: Glam had a round of cuts at the end of last year, too, so this isn't unprecedented. And internally the company says it is still notching significant revenue growth and plans to be EBITDA-positive by the end of the year.
Anybody else want to weigh in, on or off the record? Pkafka AT Alleyinsider DOT com or use our anonymous tip box.
See Also: Glam Launching In Germany, Buying Sales Team
Glam Media Buys UK Ad Firm Monetise
Glam Media: We've Got An Ad Exchange, Too
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Glam has 300+ brands advertising - their revenues, as noted by comScore, put them in internet digital display space at # 10.
How they play out Q4 and enter 2009 and show their nimbleness (which they are known for) will set the stage for their future.
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Welcome to Audio Mechanical Corporation Ltd.
Our company is divided into Electronics Manufacturing Chinaranscript/summary follows. Video highlights, in two parts, at bottom of post.
three specialized China Electronic Manufacturerfacilities in strategic locations:
> Our management, sales, engineering and purchasing departments are USB Driveconveniently headquartered in Hong Kong's World Finance Centre.
> Central warehousing and Flash Drivelogistics are located in a separate commercial area of Hong Kong.
> Our well-equipped factory is located
Micro SDin the Longgang district of the Subcontract Pcb Assembly