Hipstamatic Lays Off All but Core Employees, Including Designers and Engineers

Matthew Panzarino:

Toy camera app company Hipstamatic has fired all but 5 of its core staff, including engineers and designers, The Next Web has learned. The company had been staffed up and working on a new release, but has only released one update in the last several months.

My pal Jonathan Wight was one of the engineers let go:

Would love if the entire team could get snapped up by someone. Really is an awesome fucking team. Totally squandered where we were.

Some really smart guys on that team, including Wight and Justin Williams.

Thursday, 16 August 2012