@TheNextWeb tweets related to: Russian, Startup, Ostrovok, Cuts, Staff

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Russian hotel booking startup Ostrovok has announced that it is cutting its workforce by about one third in a bid to push the company into the black following a recent round of funding. The Russian outfit announced the somewhat surprising move in a blog post on Monday.
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Russian startup Ostrovok cuts one third of staff just 3 months after $25m funding round http://t.co/8p1qZqxxTs by @TheNextWoods

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