LimeWire Slashes Workforce, Keeps on Trucking - HotHardware
LimeWire Slashes Workforce, Keeps on Trucking

LimeWire Slashes Workforce, Keeps on Trucking

The music industry dealt what appeared to be a fatal blow to LimeWire by winning a court injunction against the peer-to-peer file sharing service. Desperate to keep the ship afloat, however, LimeWire CEO George Searle confirmed that the company recently laid off 29 of it's 100-person workforce, according to a report in The Wall Street Journal.

"Following the court-ordered injunction, we reduced our workforce to extend our runway for bringing our new music service to market," Searle said in a statement. "Letting go of colleagues is never easy. If we could have brought about another solution, we would have."


Laying off nearly 30 percent of its workforce should free LimeWire up to make a run at going legitimate, though details of project "Grapevine," as it's being called internally, have yet to emerge. Whatever it is, LimeWire will also need the backing of the music industry, and even then LimeWire would be joining a crowded sea of already established music services.
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They could just move to Romania and keep on keeping on,..............

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Wait, they want to go legit by firing people? How does that make sense? Im confused right now :(

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Inspector:
Wait, they want to go legit by firing people? How does that make sense? Im confused right now :(

In order to continue development of their legitimate service, they had to release some workers because they can't afford to keep them now that the Pirate version of LimeWire is shut down. It's a purely financial decision.

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