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October 23, 2006

Layoffs at Getty Images

Posted by Kim Peterson at 11:44 AM

It's highly unusual for a CEO at one company to dish the dirt about a competitor's layoffs in his blog. But that's what Alan Meckler, the CEO of JupiterMedia, did on Friday:

A bonanza has landed at our frontdoor. We are always looking for talented individuals who have worked in the creative and tech space of the stock photo industry. Such individuals are difficult to find.
Recently, however, we have hit the motherlode. Our friends at Getty Images are terminating (as we hear it) 10% of their workforce worldwide. And thus the bonanza.

Today, a Getty spokeswoman confirmed "a very small reduction in some areas," but was quick to point out that the company is also hiring. The spokeswoman wouldn't give specific numbers, but we hear the offices in New York and London will be hardest hit.

More information on this will come from CEO Jonathan Klein tomorrow during the company's third quarter earnings call, scheduled for 2 p.m.

Update: According to Photo District News, at least 28 employees will be laid off.

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