Tremor + Scanscout = Layoffs

A day after announcing a merger between video ad network Tremor Media and Scanscout, the new company is shrinking a bit. A rep for Tremor says “streamlining of overlapping operations” will result in layoffs of “less than a dozen” of the company’s 170 employees. The new company also has a new CEO: Scanscout’s Bill Day will take the top job, while Tremor CEO Jason Glickman moves to executive chairman–which means Sean Finnegan, who had been in conversations about joining the company, will end up somewhere else.