AltaVista cuts 200 jobs

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Internet search company AltaVista Co. laid off 200 employees, or about 25 percent of its staff, in another attempt to reduce costs amid a downturn in the online- advertising market. The majority of the layoffs took place at the company's headquarters in Palo Alto, Calif. AltaVista, majority owned by Internet holding company CMGI, is increasingly focusing on its search-software business, although the company said the consumer-search business remains a core part of its operation. The company, which had two rounds of layoffs last year, said its worldwide head count is now 600.

Copyright January 2001, Crain Communications Inc.

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