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AtomShockwave To Leave London

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LONDON -- AtomShockwave Corp., the company formed following the January merger of AtomFilms and Shockwave.com, is shutting down its European headquarters in London, the company said Monday.

The shutdown signals the loss of 16 jobs and a temporary suspension of content acquisitions for the Web sites across Europe and the rest of the world. The office officially closes Friday. The company will continue to operate offices in Japan and its headquarters in San Francisco, according to a representative.

AtomShockwave, one of the last major Web sites to offer short films, said last week it was laying off the bulk of its employees in the United States and closing its New York and Los Angeles offices, but at that time, the company made no mention of its London or Tokyo presence (HR 6/4).