Well, that's no good. Aereo just sent a letter to its employees announcing that it would be closing its Boston offices, laying off all 43 employees that work there, and shuttering operations.

The company is not shutting down, yet. But unfortunately for hopeful cord-cutters, this is not a good sign, especially after the crushing Supreme Court decision last June that deemed the service to be illegal and a recent federal injunction.

Still, the startup will keep fighting and is plotting a path forward, said Aereo rep Virginia Lam in a statement today:

In an effort to reduce costs, we made the difficult decision to lay off some of our staff in Boston and New York. We are continuing to conserve resources while we chart our path forward. We are grateful to our employees for their loyalty, hard work and dedication. This was a difficult, but necessary step in order to preserve the company.

According to the company letter, the Boston office will remain open until November 12, and a few employees will stick around a little longer to help close up shop. Aereo says that it will be unable to secure funding beyond that date. The letter explains to employees:

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Aereo declined to comment further on what the future holds. But once again, it appears that it does not include the consumer-friendly and altogether terrific service once promised but the government forbids. [BetaBoston]

Read the full letter to employees below:

WARN Notice - Aereo Inc - Received 11-6-14

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