Ustream Cuts Workforce By 6 Percent, Hires Two VPs From Ooyala As It Focuses On Pro Sales

Live video service Ustream just announced "a small restructuring" of the workforce that will result in cutting approximately 6 percent of the current team. The company said the restructuring, along with the hiring of two new vice presidents, is an attempt to focus on sales of its Pro Broadcasting products and to move toward profitability. A company spokesperson told me that after today, Ustream will have a global headcount of 191 across San Francisco, Los Angeles, Budapest, Korea, and Japan offices. They also said that despite the cuts, the company is still growing, with more than 15 employees already hired this year and more than 25 open positions (16 of which are in sales).

Source: http://feedproxy.google.com/~r/Techcrunch/~3/ummzzygEx8U/

pujols watchmen hitch justin beiber lamar odom perfect game jon jones vs rashad evans results