Internet consultancy Organic, online entertainment company Creative Planet and keyword company RealNames cut staff or plan to make layoffs as the Internet shakeout wears on.
"When you have a (sour) market, layoffs are inevitable. You have too many bodies and not enough work."
- Tom Rodenhauser, industry analyst who heads Consulting Information Services
Organic to slash 270 jobs update
Organic plans to eliminate about 270 jobs and warns that fourth-quarter earnings will be lower than anticipated, making it the latest Web consultancy bodychecked by changing market conditions.
The week in review: Pink slips and parties
Layoffs, closures, collapsing stock prices and slumping morale may be torturing the tech sector, but that hasn't stopped some down-and-out tech workers from having a good time.