Ugh. I hate this stuff. But I’d rather that people know what’s happening for the sake of those seeking new gigs.
I’m sad to report that Portland-based Iterasi has had to layoff employees. They fall into the group of angel- and VC-backed companies who are forced to make preventative cuts in an effort to conserve cash.
As many of you know, I’ve had the opportunity to consult with Iterasi on an ongoing basis. Like many Portland startups, they had assembled an amazing team. It’s sad to hear that the team is going to be smaller, now.
To our teammates who are leaving, you will be missed. We were a small team of star performers that made great products in a great company. We are a smaller team now and better off for having had you on our side. I am sure the Portland community will gobble you up quickly. Talent like you guys is hard to find.
For more information, see Iterasi’s post. And, if anyone has gigs for these folks, please by all means, speak up.