Hipstamatic denies that the layoffs of five employees signifies the death knell for the longtime mobile photography favorite. Yesterday the Hipstamatic team was reduced from a team of 11 to a mere six employees through a restructuring effort and questions quickly arose about the future of the app known for its toy camera capabilities. ‘We’re still moving full force ahead — the original team that built Hipstamatic is still here, and remains deeply committed to continuing to make great products that inspire our community and the world,’ said Molli Sullivan, Hipstamatic’s director of communications.
News: Digital Photography Review (dpreview.com)