This week on TechCrunch: Layoffs, movie memes, PlayD’oh and Mike Arrington – the hardest working man in technology
And so it wasn’t entirely surprising this week when TechCrunch reported on a ‘bloodbath‘ at the company, with 80 people being laid-off across all departments.
Current’s COO Joanna Drake Earl (who is herself three separate people) insisted to Leena that the layoffs aren’t a ‘cost-cutting measure’ but rather a ‘shift in programming strategy’. In most other companies, this would be classic corporate bullshit, but in Current’s case Joanna, Drake and Earl might actually have a point. After all, by creating 80 new unemployed people – unemployed people who actually know what Current is – they’ve just doubled the target audience for their programming. How’s that for a convenient truth?