Online encyclopedia company Britannica.com Inc. is laying off 68 people, mostly from its corporate headquarters in Chicago, in its latest effort to reach profitability.
http://www.nytimes.com/aponline/busi...a-Layoffs.html


AND: CMGI, an Internet venture company, said today that its fiscal second-quarter loss widened sharply after it wrote down the value of some assets, while revenue more than doubled.

CMGI, based in Andover, said it lost $2.56 billion, or $7.86 a share, for the quarter that ended Jan. 31, compared with a loss of $185.6 million, or 74 cents a share, in the quarter a year earlier.
http://www.nytimes.com/2001/03/14/te...gy/14CMGI.html

[This message has been edited by doc (edited 03-14-2001).]