Corbis Lays off more People

Corbis, the Bill Gates owned media company, announced that they have laid off 125 employees in an effort to streamline its customer service operations and sales team. According to people familiar with the situation, the layoffs were meant to streamline the sales effort and will entail shutting down some local offices (see Chicago, Montreal, Madrid, Hamburg, Amsterdam, Brussels, Singapore and Melbourne) and replacing them with regional sales centers (see NY, London and soon to be China) and outside sales teams for which the company is actively recruiting. A bit weird to be laying off sales people on one hand and then recruiting them on the other.

I really wonder how this will affect their acquisition of Veer's sales team and whether any of those people will be affected. It doesn't appear for the time being that it will.