TheStreet.com: Netscape to Announce Big Layoffs | Linux Today

TheStreet.com: Netscape to Announce Big Layoffs

Written By
Web Webster
Web Webster
Mar 19, 1999

Thanks to David
Stoner
for this link.

“In what could turn out to be the Internet economy’s biggest
instance of downsizing, sources close to Netscape say the
pioneering company is close to laying off as much as 30% of its
workforce. The layoffs could take place as soon as next week, say
observers close to the company.

“The cutback in Netscape’s workforce is part of the move by AOL
to integrate Netscape into its operations, creating one giant
Internet media conglomerate.”

Complete
story
.

Web Webster

Web Webster

Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.

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