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Rumor: Online Video Sites to Layoff Staff

Sohu IT, 10/28/08

P2P video sharing platform UUSee, and video-sharing sites Ku6, Youku, and Tudou are all reportedly considering small-scale layoffs. Rumor has it that investors in Tudou have already begun cost control measures and have announced internally that the company's workforce will be cut by 20%. A number of Tudou employees have already left the company. Li Zhu, CEO of UUSee, has confirmed the company plans to cut 10% of its workforce, however the other online video sites have all denied the rumors.

Keywords: HR Ku6 Li Zhu online video P2P Tudou UUSee Youku Internet

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