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Old Mar 29, 2001 | 4:01 pm
  #41  
doc
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Internet news site WSJ.com intends to lay off some of its staff as part of a restructuring plan to reduce costs amid the Net advertising slowdown, parent company Dow Jones confirmed Thursday.

A representative for the publishing behemoth said there will be a "limited amount" of positions cut in some areas of Dow Jones, including at WSJ.com, which has about 250 employees. The representative declined to give further details except to say the company intends to provide more information when it releases first-quarter earnings, slated for April 12.

http://news.cnet.com/news/0-1005-200...html?tag=cd_mh


Cut-rate computer provider eMachines Inc. (EEEE.O) announced on Thursday plans to restructure its operations to limit exposure to the declining Internet advertising market.

http://www.nytimes.com/reuters/techn...chines-dc.html

[This message has been edited by doc (edited 03-29-2001).]
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