Vudu layoffs further signal death by a thousand pin pricks Movie download service Vudu, which seems to be having trouble convincing customers to first buy a $299 set-top box, is laying off 16 to 18 of the company's 100 employees, and has hired a new CFO, Chris Watts , according to PaidContent. Seems to be a clear case of trying to reduce the company's burn rate as the $21 million from venture investors begins to dry up. And it's another indication that the startup's desperate descent is accelerating.Months ago, the company slashed the price on its hardware . More recently, it began offering porn and shortly thereafter introduced a sale on 99 movie titles for only $0.99 each . All of which makes it sound more and more like Akimbo .(Photo by Juha-Matti Herrala)