May 02, 2004

Redundant

In keeping with a recent trend for the dramatic in web logs: I was made redundant on Friday. Hopefully this isn't a bad thing - firstly it was not unexpected. There have been signs that things where going this way. Not least two consecutive "state of the company" meetings (designed to reassure us). In the first it was pointed out that despite recent funding at our current burn rate we would be out of money by August. In the second it was pointed out that careful analysis showed that we would not start making money until next year in view of the state of the market place. Decisions have been made an the company has been slimmed down. I hope it all works out. Vamosa have a superb product and it would be a shame for them to fail to capitalize on all the hard work that has gone into it. Fortunately for me I am in the process of looking for a job anyway because Abby and I had decided to move back to England a couple of months ago. I am hoping that if things work out that this will be underway very soon indeed. Watch this space as they say.

If things do work out I'll have a little more time to work on my own stuff for a week or two. As well as spending some good quality (stress free) time with Abby and Milo.


Posted by Mark at May 2, 2004 09:33 AM
Comments

Ouch. Doubel ouch. Well, at least it's motivating...

Posted by: Rick at May 2, 2004 01:52 PM

I mean 'double', of course. My hopes for 'Mopleoli' get slimmer...

Posted by: Rick at May 2, 2004 01:53 PM