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Dropping like flies: Dot-coms cut staff, lose top talent

The name-your-price e-tailer loses the head of its auto services business and the online auctioneer says it is laying off 32 employees at its Butterfield unit.

CNET News staff
 
  latest developments 


The dot-com doldrums continue, as Priceline loses the head of its auto services business and eBay says it is laying off 32 employees at its Butterfield unit, joining other high-profile e-businesses that have announced layoffs recently.

 


Priceline's top auto executive resigns
update The troubled name-your-price e-tailer says it has lost another high-level executive, just one week after reporting disappointing earnings and announcing the departure of its chief financial officer.

eBay cuts staff at Butterfields
The traditional auction house owned by the online auctioneer is laying off about 32 of its 200 positions, or 15 percent of its staff.

Pets.com latest high-profile dot-com disaster
update The online pet store says it is shutting down and laying off hundreds of employees.

MotherNature.com can't weather the storm
update The health site says it has shut down, making it the second CMGI-backed company to fold in the past several days.

Furniture.com closes doors, lays off most of staff
update The struggling home furnishings site lays off 76 of its 88 employees, citing difficulty securing sufficient capital to fund operations.