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Egghead Cuts 178 Workers

Egghead.com also said the move was part of its continuing efforts to "right-size" the company. Six months ago, the e-tailer moved approximately 20 percent of its staff from Silicon Valley to Vancouver. ...

Agilent Plunges on Profit Concerns

The across-the-board pay reductions began on April 1st for Agilent's 200 senior managers, while the rest of the staff will be affected beginning May 1st. Agilent said the pay reductions will save roughly $70 million per quarter and will last at least through the third quarter ...

Study: Layoffs Not Needed To Save E-Businesses

"Human capital management is key to maximizing staff on the most importantprojects during downturns," said McGee ...

Report: Thousands of UK E-Tailers Breaking the Law

The LCC found that 44 percent of firms surveyed had no policy in place for staff use of e-mail or the Internet, leaving them vulnerable to litigation arising from the improper actions of their employees Derogatory comments made by employees via e-mail can have embarrassing and...

Agile Falls on Forecast

For the time being, Stolle said, the company sees no need for staff cuts, though "business prudence dictates that we watch spending and slow hiringuntil we get a clearer picture of where the bottom is for this economic slowdown." Agile also adopted a shareholder rights plan de...

MarchFirst Sells Assets, Lays off 1,700

Troubled Internet consultancy MarchFirst (Nasdaq: MRCH) announced Monday that it will lay off 1,700 employees, or 30 percent of its staff The company also said that it was selling some of its operations to Divine (Nasdaq: DVIN), a Chicago-based Web enterprise software and serv...

Blue Martini Slips on Outlook, Job Cuts

"While we believe that Blue Martini Software and its suite of applicationsare well positioned for long-term success in the global e-CRM market, thecurrent uncertain and volatile economic conditions are causing prospectivecustomers to delay and re-evaluate their IT projects," Zweben said. "Inlight of these conditions, we have made the difficult but necessary decisionto scale back our expansion plans and reduce staffing from current levels."

Liberate Climbs on iTV Deal

Excluding the $2 million in charges -- which cover market research, testinginfrastructure and labs and staffing -- Liberate said it expects revenue forthe fourth quarter ending May 31st of $14.5 million to $15 million, up from$9.1 million in the year-earlier quarter. The company also predicted a proforma loss of 13 to 15 cents per share, against a 13-cent loss last year...

HotJobs Slips on Job Cuts, Charge

HotJobs said its online employment exchange is used by more than 9,100companies. The company also offers services such as job-applicant trackingsoftware and a business-to-business (B2B) exchange for corporate hiring managersand staffing firms ...

Study: UK Online Bankers Should Rally Around PC

"Both the telephone and branch networks must support online service," thestudy advised. "The branch must become a meeting place where customersdiscuss their finances with advisory staff as kiosks take transactions awayfrom branch cashiers." ...

Charles Schwab Slashes Workforce

The layoffs will include mandatory staff cuts totaling 2,000 to 2,300 full-time employees and 150 to 200 contract employees during the second quarter. Additionally, the company expects to lose another 600 to 900 employees through voluntary attrition Schwab spokesperson John S...

E-Marketplaces: At What Cost?

Buyers just getting started in e-marketplace procurement -- called "baseline buyers" -- are seeking to trim transaction costs associated with maintenance, repair and operations (MRO) purchases. These buyers will spend $5.6 million, mostly on transaction fees, integration software and internal staffing.

Egghead.com Executives To Exit

Last September, the company announced it would be moving approximately 20percent of its staff from Silicon Valley to Vancouver, Washington in anattempt to achieve profitability. Egghead said at the time it hoped thatby moving certain key jobs out of Silicon Valley would make ...

Ariba Gains on IBM Alliance

The new agreement, Gant said, will "address the many mid-size companies thatrequire an e-procurement solution that is structured according to theirpurchasing requirements and staffing resources." IBM said its customers will be able to buy the Ariba service at pricesstarting at...

Homes.com Cuts 150 Workers

The layoffs, which represent approximately 40 percent of the company's employees, will be made in sales, product development and administrative staff. According to the company, the cuts are "due to disappointing operating results in January and February combined with the very...

Chinadotcom Slips on Q4 Loss

The company recently cut 4 percent of the staff at its Web Connectiondivision in order to cut costs ...

Broadcom Plunges on Q1 Warning

In light of that cancellation, Broadcom said it is consideringchanging the way it accounts for the transactions, and is in talks with itsauditors and U.S. Securities and Exchange Commission staff on the appropriatestandards ...

Egghead Slips on Job Cuts

The company's cost-cutting plans included the September shift of 20 percent of Egghead's staff from Silicon Valley to Vancouver Egghead shares are down from a 52-week high of $10.50. The 52-week low was 50 cents.

eToys Spins Off BabyCenter

Johnson & Johnson, which is based in New Brunswick, New Jersey, said it will maintain the BabyCenter unit's San Francisco headquarters and that BabyCenter "expects to retain and add to the current staff." According to published reports, Johnson & Johnson may expand the unit in...

Net Incubators: The Long Road Back

For example, if an Internet incubator decides to affiliate with a startup company that will sell high-end gifts online, it would behoove the incubator to have someone on staff who has experience with luxury e-tailing. The online world is more than fully equipped with incubat...

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