MORE LAY OFFS AT EXCITE@HOME

Published on .

(April 30, 2001) -- A few weeks after announcing it would institute changes to help cut costs while facing a higher-than-expected loss in the second quarter, high-speed Internet service provider and content company Excite@Home, Redwood City, Calif., laid off 380 people today, a spokeswoman said. The cuts represent 13% of the company's workforce and effect all areas, though they are focused mainly on its media division. Tuesday will be the last day of work for most of those who lost their jobs, she said. Excite@Home previously cut 250 jobs in January. -- Adrienne Mand

Copyright April 2001, Crain Communications Inc.

In this article:
Most Popular