Social Networks Not So Recession Proof

How can you keep pace with an accelerating marketing ecosystem? Join us at Brandweek Sept. 12–16 in Miami alongside leading CMOs, founders and change makers from GatoradeMarriottAlo YogaCampbell'sUncommon James and more. Book now.

Techcrunch is reporting that hi5, the worlds third largest social network, is laying off 10 to 15 percent of their staff. Mike Trigg of hi5, told Techcrunch that the company is hiring at the same time though and there won’t be a significant change in the net number of employees at the company.

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in