The layoffs were spread among manufacturing, service, general and administrative and engineering personnel, according to SeaChange, with the broadband segment’s VOD server group incurring the majority of the headcount reductions.SeaChange International laid off 30 employees, or 4% of its work force, in its quarter ended July 31 to reduce costs, the company disclosed in announcing earnings Thursday.Receive news and offers from our other brands?Thank you for signing up to Multichannel News. About SeaChange.
(Transcript courtesy of TheLayoff.com is a simple discussion board for all of us who would like to learn more about the rumors or possibility of job cuts in our company.

"Revitalized company with a clear vision and strategy"I have been working at SeaChange full-time for more than 3 yearsIn the past few years, there have been a number of layoffs, bringing down moral.

SeaChange has faced troubles the past few years that included waves of layoffs that culminated with the termination of its CEO last April. SeaChange International is the television industry's leading supplier of digital video server systems. The company's losses have … A week later, the company announced that Michael Bornak was appointed CFO, treasurer, secretary and senior vice president of finance and administration. passion for the business and its success We also have several PanoramiC opportunities in the second half of fiscal 2019,” Terino added.Acton, Mass.-based video software and services vendor SeaChange International announced another round of layoffs following a fiscal second quarter revenue decline of 30.4% to $11.9 million.“Some transactions that we expected in Q2 did not happen during the quarter and were delayed,” said SeaChange CEO Ed Terino at Wednesday’s investment analyst call. BA1 1UA. SeaChange International laid off 30 employees, or 4% of its work force, in its quarter ended July 31 to reduce costs, the company disclosed in announcing earnings Thursday. And asCTA: Social Media Regs Are Unlawful, Unwarranted, UnwiseThe company’s losses in the quarter nearly quadrupled to $8.3 million, as customers held off on renewing SeaChange software subscriptions.There was a problem. The company expects the cost-cutting measures to save $1.5 million per quarter, beginning with its third fiscal quarter. Please allow cookies to continue reading.WBJ Webcast Series: Survival strategies for the nonprofit communityWBJ Webcast Series: Crisis Support for Small Biz and NonprofitsStay connected! All rights reserved.

TheLayoff.com is live since January 31, 2009! The challenge of working with next-generation digital video technology being used in Europe and Asia, but not yet in the U.S. The company, which provides video-on-demand software and hardware solutions, incurred $1.1 million of severance costs in connection with the headcount reduction. The company did not disclose whether any layoffs would be made as part of the cost-savings effort. SeaChange International is a global leader in innovative multi-screen video software. -Infusion of new talent with significant years of industry experience to help round the edges and effectively deploy our solutions


The opportunity to work with highly skilled software developers.The management of our department (formerly Digital Video Arts) was unable to maintain a consistent list of priorities, and was shifting resources around weekly based on ever-changing and not always rational goals and priorities.

557 likes. "It was a good company which cared about customers and the employees. Acton, Mass.-based video software and services vendor SeaChange International announced another round of layoffs following a fiscal second quarter revenue decline of 30.4% to $11.9 million. SeaChange International Inc. This can take a few You will receive a verification email shortly.“The strength in VOD systems revenue from our North American cable customers that drove our record revenue performance last year has returned,” he said. Please refresh the page and try again.Receive mail from us on behalf of our trusted partners or sponsors?Sony PlayStation 5 Hits Stores Nov. 12 Starting at $399Receive news and offers from our other brands?SeaChange didn’t specify how many workers are affected, but the company said it would save around $6 million from a restructuring that would involve mostly staff cuts and be completed by the end of the company’s third fiscal 2019 quarter.©