1

Photo Sharing/Social Commerce Network Lockerz Closes Down Its San Diego Office, Lays Off ‘Around 30%’ Of Seattle HQ Staff

view story
linux-howto

http://techcrunch.com – TechCrunch has learned that Lockerz, the social commerce and photo sharing service, is downsizing. It has shut down its San Diego office, laying off all but two of the staff who will now work remotely. The company has also laid off “around 30%” of its head office in Seattle, with its chief product officer Michael Walton among those going. A source tells us that the other people laid off in Seattle include those working in merchandizing and marketing. To date, Lockerz has raised some $43.5 million, with backers including Kleiner Perkins Caufield & Byers, DAG Ventures, Live Natio (IT news)