One week after announcing a successful trial in Seattle, Sezmi is cutting its workforce by 20 percent, according to a published report.
The New York Times said the 20 percent cut amounts to around 20 employees for Sezmi. Sezmi President and Chairman Phil Wiser cited the changing economy over the past two months as a factor in the layoffs, but said the company has recently completed a new round of unannounced financing.
Sezmi has said it will reinvent television viewing with its set-top box that features a combination of Internet content and broadcast television.
Sezmi announced last week that its two-month trial in Seattle was a success in terms of delivering video services with a combination of terrestrial digital broadcasts and broadband (story here).
The company’s “FlexCast” technology uses the efficiency and scale of terrestrial broadcast delivery with the interactivity and access of existing broadband infrastructure.
The local Seattle broadcast partners included Fisher, Tribune and Daystar, over whose spectrum Sezmi operates in the Seattle metropolitan area.
Sezmi has said that it’s now launching technical trials in additional cities and preparing consumer trials in several unnamed markets around the country.
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