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Sea change at Netscape

The four-year-old Internet software company struggles to define itself amid job cuts and losses.

CNET News staff
Special coverage: Sea change at Netscape

By CNET STAFF
January 27, 1998, 3:30 p.m. PT

In announcing the first layoffs in company history, Netscape Communications--once the high-flying darling of Silicon Valley and Wall Street--is confronting the harsh realities of unrelenting competition, poor earnings reports, and corporate restructuring.

Netscape stock falls, then rebounds
update Shares of Netscape fall more than 12 percent in morning trading before rebounding slightly following the company's release of disappointing fourth-quarter results.

Netscape to lay off 300

Earnings take big hit

Strategy is assessed

Campus mood upbeat

Novonyx is no more

Netscape CEO Jim Barksdale

 previous coverage
  Netscape cutting back on Java
  Netscape's play: Bold or desperate?
  MS, PC makers rethink Netscape
  Netscape now--for free
  Communicator to be freeware
  Layoffs could be 400
  Netscape misfires on enterprise
  The enterprise challenge
  Netscape buys server start-up
  Company at crossroads

 

 

Netscape numbers

 

Dataquest's Scott Miller