In case you haven’t heard, Intel is in the midst of reducing its global workforce. It’s a change that affects thousands of employees worldwide. And given that the Portland area is home to more Intel folks than anywhere on earth, it’s going to have significant impact here locally, as well. Like to the tune of nearly 800 people in the Portland area losing their jobs. Read More
I’d been hearing some rumors about Portland-based OpenSourcery—a popular open source development shop with a proclivity for Drupal projects and a burgeoning application development arm—having to make some cuts. And, unfortunately, after confirming with CEO Brian Jamison, I’m sad to report that the rumors are true. Read More
I hate reporting this stuff, but I just caught wind of another layoff at Portland-based Vidoop.
According to a post on the Vidoop blog:
The reality of the current economic climate and its impact on our target market (Financial Services) has unfortunately required a reduction in staff. Saying goodbye to loyal members of the Vidoop family has been one of the toughest decisions for myself and our management team, particularly following the announcement we made last November. The impact of the economic downturn has drastically lengthened the sales cycle for new technology, so we are proactively reshaping our cost and channel structure to ensure we can continue to deliver services to clients and ride out this more hostile environment.
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.
I really hate to do this, but again, I feel obligated to say something.
As unfortunate as it is to report, newly transplanted Vidoop has had to cut back some of its staff.
No word on how many or whom. [UPDATE] The Portland Business Journal, which featured Vidoop in a cover story last week, reports that nine employees were let go. “The employees who were laid off Monday morning all moved to Portland from Oklahoma, and all are shareholders.”
CEO Joel Norvell states:
Portland’s gracious and enthusiastic welcome to Vidoop has been terrific for all of us at the company. Here less than two months later, the economic reality facing companies everywhere seemed remote, given our momentum and the exciting projects we are working on. But today, we had to face that reality, and tell several members of the Vidoop family goodbye.
I have to commend Vidoop for the public admission. They continue to remain a class act. I’m sorry to see them having to go through this. But they will survive.
At this point, I’m more concerned about the folks who have been let go. Vidoop is doing what they can, but additional help, I’m sure, will be welcome.
If you’re a recruiter, there is some very, very good talent on the market as a result of this. I encourage you to act quickly.
And I know I speak for the Portland startup community when I say if there is anything we can do to help, please let us know. Please feel free to contact me at firstname.lastname@example.org, via Twitter, or by commenting below.