Fring firing 20% of its staff, trying to get a grip on its budget. Wasn’t all that inging to rhyming? Anyway words from the CEO state that the company is doing well and layoffs have been made to ensure it sees the long year ahead with a better grip over the budget. Talk about being farsighted and the company had recently raised an undisclosed sum in its third round following $13 million it had bagged in the first two rounds with targets of getting more downloads and activations as it shaped up a deal with Mobilkom Austria.
