ISP Excite@Home is to slash its workforce for the second time this year as a result of the slowing online advertising market.
The ISP will cut 13% of its staff, or 380 employees, mostly from its online media operations including the Excite.com portal and online greeting card company Bluemountain.com.
Last week, the company reported a widened first-quarter operating loss of $61.64m (£42.86m).
Join a growing community of media, marketing and advertising professionals today
Read exclusive registrant only articles
Read more articles each month
Sign up for free specialised news bulletins
Register NowGive your teams unrestricted access to in-depth editorial analysis, breaking news and premium reports with a bespoke subscription to 北京赛车pk10.
Find out moreGet unprecedented new-business intelligence with access to 北京赛车pk10’s new Market Reports.
Find out moreGet the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.
Create an Alert Now