Mobile instant messaging company Fring has fired 10 employees, 25% of its employees. The measure is being initiated by Fring's new CEO Roy Timor-Rousso who assumed his position at the end of 2011. The layoffs are being made to position Fring as a company providing cloud-based services to professionals and companies. Timor-Rousso says...

<A HREF="http://www.globes.co.il/serveen/globes/docview.asp?did=1000738212&fid=1725">Read More</A>