Aug 18, 2008 : Oversee.net Cuts 10 Percent of Staff
📅 - Online marketing and domain monetization services Oversee.net (oversee.net) has reportedly cut 10 percent of its staff, citing ongoing decline in the nation's economic stability and mounting pressures within the industry as reasons.
The layoffs were made across Oversee.net's three offices, including Los Angeles, Florida, and Portland, home to the company's domain auction provider, SnapNames (snapnames.com👉 Total Reviews: 1 🙌 Average Rating: 1 / 10 👍 Good Reviews: 0 👎 Bad Reviews: 1 👈 Official Responses: 0).
In the past year, Oversee.net has acquired a few companies in the past year, including SnapNames in June 2007 and Moniker in January 2008.
The company says it now has 24 full time employees in the Portland office.
Oversee.net signed a definitive agreement in January with private equity firm Oak Hill Capital Partners for an investment of $150 million in Oversee's holding company.
Reads: 2223 | Category: General | Source: TheWHIR : Web Host Industry Reviews URL source: http://www.thewhir.com/marketwatch/081808_Oversee_net_Cuts_10_Percent_of_Staff.cfm
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📅 - Online marketing and domain monetization services Oversee.net (oversee.net) has reportedly cut 10 percent of its staff, citing ongoing decline in the nation's economic stability and mounting pressures within the industry as reasons.
Reads: 2223 | Category: General | Source: TheWHIR : Web Host Industry Reviews