San Francisco - Slide, a San Francisco-based developer of social media applications, has laid off a portion of its advertising sales staff, the blog GigaOM reported. The company reportedly is refocusing on bigger revenue generators, such as brand sponsorships for its applications like Super Poke on Facebook. Slide has raised more than $58 million in venture capital to date. CEO Max Levchin told GigaOM that some of the sales staff will be reassigned within the company, which plans to add business development staffers to help broker larger sponsorship deals.
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http://gigaom.com/2009/07/06/slide-cuts-staff/
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