Aereo Firing Boston, N.Y. Employees to Preserve Company
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Aereo Inc. says it’s firing employees in Boston and New York to help preserve resources, four months after the online TV-streaming service was dealt what may be a fatal blow by the U.S. Supreme Court.
“We are continuing to conserve resources while we chart our path forward,” Virginia Lam, a spokeswoman for Aereo, said in an e-mailed statement. “This was a difficult, but necessary step in order to preserve the company.”