Video Vendor Move Lays Off 15% of Staff

February 2010
Multichannel News;2/8/2010, Vol. 31 Issue 6, p16
The article reports that Move Networks Inc. laid off 15 percent of the workforce and leaving the company with 107 employees. The lay off was done as the company moved from Web video to deliver Internet-protocol television services through cable and telco customers. According to vice president marketing Julie Karafiath, Move Networks is restructuring to focus on delivering live multichannel television services over the Internet.


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