Corbis Lays Off 160, Abandons Assignment Division
By jason - up to 2007 (archived) • Jun 29th, 2007 • Category: News for Creatives (archives)PDN Online reports:
“Fifteen percent of Corbis employees are losing their jobs in cuts orchestrated by incoming CEO Gary Shenk, who starts his new job Monday. On Thursday Corbis said it was letting go 160 employees in 17 offices worldwide. The lost jobs span many departments and include positions as high as vice president.
Corbis is also getting out of two businesses in which it had struggled: assignment photography and digital asset management, a service aimed at managing corporate media libraries.”
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