Seesmic, the popular online video conversation site, has let go of 7 employees today as a result of the current economic conditions, this is roughly 50% of the whole Seesmic team.

Loic Lemeur the CEO and founder of Sessmic, put together this video to explain the company decision.

Tough times. Tough decisions.also read my blog post http://www.loiclemeur.com/english/2008/10/tough-times-tou.html

thanks for reading