Can't find much definitive news about this yet, but twitter is buzzing about some layoffs at istock that happened today. Could this be the "unsustainability" finally catching up with HQ?

Anyone on the receiving end of the pink slip today, you have my sympathies. I'm sure the people who were let go weren't the ones who really have led the company down this path, nor were they they ones who really deserved pink slips.

Anyone know anything more about this?

Writing is on the wall!

What does it say?

If sales and revenue are falling then unfortunately lay-offs are a likely outcome. If it's true then it just confirms what all the circumstantial evidence has been indicating.

Anyone seen Lobo on the forums today?

I just did a quick search on Twitter for "istock" and "Istockphoto" and didn't see anything about layoffs. I'll try again later but if someone finds any facts on this, please post.  

Searching under "all," there's several tweets from folks in Calgary lamenting IS laying off their friends.

splorp Grant Hutchinson
Bummed to hear that my friends over at @istock are being subjected to the familiar sounds of the corporate stupids. Sigh.

stephenpeasley Stephen Peasley
Warm thoughts to @istock peeps on the receiving end of bad news today. I think I'm having disjointed d�j� vu or something.

xerxesirani Xerxes Irani
Sorry to hear about our fellow @istock folks. Speaking from experience, another door is opening.

And a retweet by barbnoad Barb Noad.

Thanks.  I thought i was searching wrong. I was rushed

Quote from: gostwyck on January 17, 2012, 18:56

If sales and revenue are falling then unfortunately lay-offs are a likely outcome. If it's true then it just confirms what all the circumstantial evidence has been indicating.

Anyone seen Lobo on the forums today?

I had a response to a post about 7 hours ago from Lobo so he was there earlier today.

And three minutes ago on this issue.
http://www.istockphoto.com/forum_messages.php?threadid=339765&page=1

But in reply to his question, yes you'd think there would be an official announcement, confirming or denying the rumours.

It may be that Getty is folding IS into the main corporate control and thus needs fewer employees.
Of course this RIF action will help a little in feeding the beast that owns Getty.

Using my own recently paltry sales as a barometer, tells me IS in its present configuration is not long for this world. 

Wow, and just yesterday I said about the lack of IS communication "Silence frequently comes before big changes or news. "

After this inevitable and long-expected meltdown, it's likely to become much more difficult to do things like close accounts and get files removed.   Not to mention getting paid any remaining balances.

Quote

Tyler Hellard
@poploser Tyler Hellard
Looks like I'm done being respectfully quiet about the mess @GettyImages is making of @iStock. Assholes.
6 hours ago
replies ↓
Brad Ralph
bstellar Brad Ralph
@
@poploser how do you really feel? Remember, twitter is considered part of the trust-tree.
4 hours ago
Tyler Hellard
poploser Tyler Hellard
@
@bstellar But I'm not giving this "It's not them, it's me" speech when people ask why I left anymore. Because it was totally them.
4 hours ago
Tyler Hellard
poploser Tyler Hellard
@
@bstellar Yeah, except I'm not sure 140 is enough to fully express myself.

Notwithstanding the momentous content, no wonder I don't do Twitter. That's all just gobbledegook.
And what on earth is a trust-tree?
Is '140' an in-joke?

Quote from: Karimala on January 17, 2012, 19:54

Quote

Tyler Hellard
@poploser Tyler Hellard
Looks like I'm done being respectfully quiet about the mess @GettyImages is making of @iStock. Assholes.
6 hours ago
replies ↓
Brad Ralph
bstellar Brad Ralph
@
@poploser how do you really feel? Remember, twitter is considered part of the trust-tree.
4 hours ago
Tyler Hellard
poploser Tyler Hellard
@
@bstellar But I'm not giving this "It's not them, it's me" speech when people ask why I left anymore. Because it was totally them.
4 hours ago
Tyler Hellard
poploser Tyler Hellard
@
@bstellar Yeah, except I'm not sure 140 is enough to fully express myself.

Notwithstanding the momentous content, no wonder I don't do Twitter. That's all just gobbledegook.
And what on earth is a trust-tree?
Is '140' an in-joke?

140 refers to the 140 character limit for tweets.

Trust-tree, I'm thinking, means something like a circle of trust?  "Don't tweet, because you're violating a circle of trust" kind of thing...I guess.

Is '140' an in-joke?

Posts ('tweets') on Twitter are limited to 140 characters.   It's a system that seemed soooo cool a couple of years ago, and is going to seem sooooo limited very soon.

Someone just posted on twitter "istock, what are you doing? Raising prices yesterday and cutting staff today? What's going on? Is that an iceberg dead-ahead?"   -- I don't think it's a contributor, so if the buyers know, . . .