FlyerTalk Forums - View Single Post - Shakeout among dotcoms continues
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Old Apr 12, 2001 | 10:30 am
  #44  
doc
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Join Date: May 1999
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Even the WSJ & Dow Jones have been affected!

Dow Jones & Co. said Thursday it is laying off 202 workers, or about 2 percent of its work force, as it reported first-quarter earnings just below expectations, which had already been lowered twice. It also eliminated 300 job openings.

The publisher of The Wall Street Journal announced a month ago that it planned to make ``limited'' staff cuts along with other cost reductions as it struggled to cope with a sudden downturn in advertising.
http://www.nytimes.com/aponline/busi...Dow-Jones.html


AND: In another casualty from the high-tech downturn, Dell Computer Corp. has canceled its major customer conference, DirectConnect, which was set for August.
http://www.nytimes.com/aponline/busi...onference.html

[This message has been edited by doc (edited 04-12-2001).]
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