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

This is super bad news. I would hate to see Hipstamatic disappear. This is the danger of the race to free in the app economy.

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.

(Via Daring Fireball.)

Categories: Technology.

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