Wine.com said Monday that it had lopped off 65 percent of its work force as part of a plan to streamline its business. The Napa, Calif.-based company confirmed that it laid off 160 out of 245 employees and also was revamping its executive staff. A decision on a final executive team had not been reached. Wine.com, which merged with WineShopper.com last August, continues to take orders. Besides grappling with a slowing economy, online liquor stores have faced regulatory obstacles regarding the sale and transportation of alcohol.
Wine.com cuts back staff
Wine.com said Monday that it had lopped off 65 percent of its work force as part of a plan to streamline its business. The Napa, Calif.-based company confirmed that it laid off 160 out of 245 employees and also was revamping its executive staff. A decision on a final executive team had not been reached. Wine.com, which merged with WineShopper.com last August, continues to take orders. Besides grappling with a slowing economy, online liquor stores have faced regulatory obstacles regarding the sale and transportation of alcohol.
Greg Sandoval
Former Staff writer
Greg Sandoval covers media and digital entertainment for CNET News. Based in New York, Sandoval is a former reporter for The Washington Post and the Los Angeles Times. E-mail Greg, or follow him on Twitter at @sandoCNET.