Photo company Shutterfly is laying off 150 employees in Silicon Valley and moving their jobs to the Midwest

· Shutterfly, a company that prints photos onto albums and gifts, is laying off 153 people at its headquarters in Redwood City, California.
· A company spokeswoman said it's relocating some of the positions to a hub in Minneapolis, where its school photography division is based.
· Shutterfly employees whose jobs are being...