In March 2011, Modea said it would build a $10 million headquarters building at the site of the former Blacksburg Middle School. | The Roanoke Times, File 2011
The Blacksburg digital advertising company Modea Corp. today laid off nearly one-third of its employees in response to the loss of a major customer, company president David Catalano said.
The company let go 25 of its 79 workers, effective today, Catalano said.
Catalano said the terminations, which impacted full and part-time workers, were a response to the company’s loss of Verizon Wireless as a client.
Jeff Sturgeon of The Roanoke Times has more on this story.