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Exp.com trims staff by a quarter

Online advice site Exp.com on Monday laid off 25 employees, or more than 25 percent of its work force, to move toward profitability, the company said in a statement. Including an earlier round of layoffs in December, Menlo Park, Calif.-based Exp has now laid off nearly 40 percent of its staff. Exp is backed by struggling Internet incubator CMGI.

Online advice site Exp.com on Monday laid off 25 employees, or more than 25 percent of its work force, to move toward profitability, the company said in a statement. Including an earlier round of layoffs in December, Menlo Park, Calif.-based Exp has now laid off nearly 40 percent of its staff. Exp is backed by struggling Internet incubator CMGI.