Oakland, California-based Internet company Evite has laid off nine of its 38 employees. Two executives were laid off: general manager Rosanna McCollough and marketing veep Lariayn Payne. No further details have been released, concerning the other seven employees affected. Launched in 1998, Evite is a social-planning website for creating, sending, and managing online invitations. The website is a [...]
Continue reading...Tuesday, April 28, 2009
New York City-based Condé Nast Publications has shut down Portfolio Magazine, laying off approximately 80 staffers. Some staffers may be offered other posts within the publishing company. The magazine had suffered a 60% drop in ad pages; and online readership fell as well. It has not been decided if the web site will also be scrapped. Condé Nast [...]
Continue reading...Wednesday, April 1, 2009
Web sources say that online video portal Veoh is laying off a significant portion of its staff. Sources expect Veoh to announce 80 layoffs on Thursday. The cuts would follow a 20% workforce reduction in November 2008, and the closing of its Russian office the month before. The move highlights the difficulty of operating a large online video [...]
Continue reading...Thursday, March 12, 2009
Time Warner AOL said on Thursday it is closing a research unit in China. The move to close AOL Beijing Technology Research & Development will result in the loss of 56 jobs, but AOL will continue to publish its homepages and other websites for Japan, China, Hong Kong, Taiwan and South East Asia. The announcement comes after [...]
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Friday, July 3, 2009
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