Well , that ’s no goodness . Aereojust sent a letter to its employeesannouncing that it would be fold its Boston office , laying off all 43 employee that sour there , and shuttering operations .
The company is not shutting down , yet . Butunfortunately for bright electric cord - cutters , this is not a good signboard , specially afterthe crushing Supreme Court decision last Junethat deemed the service to be illegal and a late federal injunction .
Still , the inauguration will keep crusade and is diagram a route forward , allege Aereo rep Virginia Lam in a statement today :
In an effort to come down monetary value , we made the unmanageable decision to lay off some of our stave in Boston and New York . We are continuing to economise resource while we chart our path forward . We are thankful to our employees for their loyalty , hard work and dedication . This was a hard , but necessary step in order of magnitude to preserve the company .
According to the society alphabetic character , the Boston office will stay unresolved until November 12 , and a few employee will beat around a small longer to serve close up shop . Aereo says that it will be unable to secure funding beyond that date . The letterexplains to employees :
Aereo declined to comment further on what the future holds . But once again , it appears that it does not admit the consumer - friendly and altogether terrific service once promise but the authorities prevent . [ BetaBoston ]
study the full varsity letter to employee below :
WARN Notice – Aereo Inc – Received 11 - 6 - 14
Aereo
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