EQO Cuts Jobs?
Source: www.voip-news.com
I daresay we will be hearing a lot of these stories in the coming months.
Word has it that VoIP company EQO has cut its workforce by an estimated 65 percent. According to Gigaom, it was only of the first companies to allow you to use Skype from a regular phone.
Here’s an excerpt from the Gigaom article:
Funny thing about these rumored job cuts is that the company has been supporting more and more mobile phones and was supporting all high-growth devices. The job cuts, if true, don’t bode well for the long-term health of the company. VoIP as an industry has proved to be hard nut to crack for startups, especially those aiming for the consumer market. Jangl and TalkPlus were two startups that hit the deck earlier this year. We are going to see more of these “save money on LD” phone apps with no discernible business model and relatively little traction or loyalty to follow suit.
