Friday, January 16, 2009

Federated Media Cuts Staff

Federated Media, the online advertising firm headed by John Batelle, is cutting its staff, as the firm reacts to the economy. According to a blog post by Batelle, the firm will cut some staff, as it shifts its focus to strategic programs and major accounts. Size of the cuts was not disclosed, however, Paidcontent reported seven people would be affected by the move.