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Patch's new owner lays off staff in 1:39 conference call

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Re: Patch's new owner lays off staff in 1:39 conference call

#2
I had a recruiter send me an email exactly 5 months ago today claiming "I've placed ten folks with AOL in the past year, and Patch is the most profitable and exciting division especially for the engineers."

First time I've ever had to respond to a recruiter to tell them they were full of shit.

http://www.forbes.com/sites/jeffbercovici/2013/08/09/layoffs...

Re: Patch's new owner lays off staff in 1:39 conference call

#6
post #3

What is Patch?

From the patch.com website:

"Patch reports on everything you need to know about your town, from local government to school news to what to do with your family this weekend.

And your local Patch makes it easy for you and your neighbors to connect and post your news and events too.

All of this, plus comprehensive listings of local restaurants and shops, home improvement services and businesses, events, and more – all in one place – in over 1,000 communities and counting."

Re: Patch's new owner lays off staff in 1:39 conference call

#8
post #2

I had a recruiter send me an email exactly 5 months ago today claiming "I've placed ten folks with AOL in the past year, and Patch is the most profitable and exciting division especially for the engineers." First time I've ever had to respond to a recruiter to tell them they were full of shit. http://www.forbes.com/sites/jeffbercovici/2013/08/09/layoffs...

Recruiters. How do you not love them.

Re: Patch's new owner lays off staff in 1:39 conference call

#9
I had to lay quite a few people off in 2002 when the company I co-founded in '95 was acquired (post IPO) by another company who then tanked. I was the only founder/exec who stuck with the acquirer and I got the dubious pleasure of laying off everyone in our office before I was myself laid off by the roving HR manager.

One thing that I'm slightly proud of is that when I had to lay people off at least I did it myself to their face - quite a few thanked me for the time they'd had and some even wished it had turned out better for me - which was rather humbling.

Re: Patch's new owner lays off staff in 1:39 conference call

#10
post #6
post #3

What is Patch?

From the patch.com website: "Patch reports on everything you need to know about your town, from local government to school news to what to do with your family this weekend. And your local Patch makes it easy for you and your neighbors to connect and post your news and events too. All of this, plus comprehensive listings of local restaurants and shops, home improvement services and businesses, events, and more – all i…

i.e. so-called "hyper-local" media http://en.wikipedia.org/wiki/Hyperlocal
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