Articles on layoffs

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LookSmart Cuts Staff But Gains Big Amazon Deal

LookSmart cut its staff by nearly one-third last month, but this was due primarily to the continuing refocus at LookSmart on selling listings that are distributed to partners, rather than trying to sell advertising on its own site. LookSmart cut its staff by nearly one-third last month, but this was due primarily to the continuing refocus at LookSmart on selling listings that are distributed to partners, rather than trying to sell advertising on its own site. 0 Comments

AltaVista Lays Off Staff, Promises Profits, New Direction In Search

AltaVista has tightened its belt in the quest to become profitable by letting25 percent of its staff go today. The company expects the restructuring andother changes will help it become profitable by the end of next January.Simultaneously, the company announced that it would continue to focus more onsearch, aiming for a "third generation" service that wouldintelligently determine what information best satisfies a user, such asautomatically providing shopping results rather than web page matches or servingup different results based on a user's past queries AltaVista has tightened its belt in the quest to become profitable by letting25 percent of its staff go today. The company expects the restructuring andother changes will help it become profitable by the end of next January.Simultaneously, the company announced that it would continue to focus more onsearch, aiming for a "third generation" service that wouldintelligently determine what information best satisfies a user, such asautomatically providing shopping results rather than web page matches or servingup different results based on a user's past queries 0 Comments