Machinima Lays Off 10 Percent of Staff

Second round of cuts in less than a year

A hot medium (Web video) plus a red hot category (gaming) along with plenty of funding from Google should equal big-time success and growth. So why is Machinima cutting jobs for the second time in less than a year?

It's hard to say, but according to a statement, the YouTube-centric network is shedding 10 percent of its workforce, or 22 positions, as part of an apparent growth plan. 

“In connection with Machinima's growth plan, the company is making an increased commitment to premium programming, its YouTube affiliate network and multiplatform distribution," said a Machinima statement.

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