NEW YORK: Integrated media intelligence provider VMS went out of business today with the loss of up to 200 jobs, the company confirmed.
The announcement was made via a company-wide conference call at noon today, during which the company's approximately 200 employees were notified they were being laid off.
On Wednesday, VMS received word that Capital One bank would no longer finance the company, due to its recent financial and revenue situation. Company CEO David Stephens explained to employees during today's conference call that various ...