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Tech Industry

Cash-strapped dot-coms of all types resort to pink slips

Business-to-business companies, experiencing the same rocky times as technology and e-commerce companies, hurry to turn profits to prove their business models are sound, which means cutting costs--and sometimes employees.

 

  roundup 

Business-to-business companies, experiencing the same rocky times as technology and e-commerce companies, hurry to turn profits to prove their business models are sound, which means cutting costs--and sometimes employees.

 


Net car seller drives away from e-commerce
update CarOrder.com also says it is laying off two-thirds of its employees and will no longer broker car sales through its Web site.

Layoffs show B2B not immune to rocky times
Two business-to-business companies this week said they would lay off workers, a sign that recent tough times in the market are not limited to business-to-consumer companies.

Kozmo puts brakes on IPO--for now
update A company executive says the online delivery service is also laying off between 30 and 40 people in New York and will postpone its IPO until at least early next year.

previous coverage
Agilent to cut 450 employees, 200 temps
The Hewlett-Packard spinoff announces that it is slicing its payroll as part of restructuring.

Value America files for bankruptcy, lays off 185
update Struggling online retailer Value America announces that it has ceased its e-tail operations, filed for bankruptcy and laid off about 60 percent of its staff.

Kozmo delivers 275 pink slips
For the second time in eight weeks, online convenience store Kozmo.com trims its work force, this time laying off 275 employees.