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Rumors of staff lay-offs at Getty Images
Rumors of significant lay-offs at Getty Images (NYSE: GYI) have circulated over the last several days. When contacted for comment, Getty spokesperson, Bridget Russell wrote by email: "Yesterday [10/18/06] Jonathan Klein outlined to employees a strategy for growth going forward. There is a small reduction in headcount in some areas, and additional new hires and resources in others. Jonathan will share additional details externally during our regularly scheduled quarterly earnings call, next Tuesday [10/24/06] at 2pm PST." Anonymous sources claim the lay-offs may be as much as 10% of the force and will span all offices, which was neither confirmed or denied by the company.
After receiving several resumes, Alan Meckler CEO of Jupiter Media, has posted a notice soliciting resumes from skilled employees who have been laid off by its fiercest competitor. Meckler states "We welcome anyone from Getty who is looking for a home from a growing image company. Come one and come all."
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Comments(2)
post a comment »Anon, October 20, 2006 [#]
Robert Henson, Director of Content Operations for all image partners, was included in the firings at Getty yesterday . . . ‘
Nobody, October 20, 2006 [#]
PDN is reporting ... “Among the people leaving the company are Richard Ellis, senior vice president for business development, Patrick Flynn, senior vice president for technology, and David Laidler, the director of photography for editorial.”