A Picture's Worth a Thousand Words–So What Does a Big Smile in a Layoff Story Mean?

Happy days aren’t here again, it seems. Still, I am not quite sure what to make of his big, happy smile on Seesmic founder Loïc Le Meur’s face, which went with a story in the New York Times about start-ups cutting costs. In fact, the whole Seesmic crew is grinning awfully hard, putting a very game face on recent layoffs that cut the staff at the video blog service by more than a third.