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Well there are definitely layoff all around the tech world but Spot Runner has banged hard by throwing 115 people off the teams board. However most of these will be made in the local advertising business it recently got its hands in with the acquisition of Weblistic.

The company had raised $51 million and can afford buying out a few firms but that wouldn’t be in the best of its interest given the rapid decline in market. CEO Nick Grouf plans to improve and develop technologies, enhancing the way TV ads are being marketed.

[Via TechCrunch]