From management perspective, letting go of staff due to economic changes is one of the worst experiences for a company. If we look around the domain industry, this event,unfortunately, doesn’t seem to be the exception.

Via Socal Tech:

Los Angeles-based Oversee.net, an operator of online marketing and Internet domain name monetization services, quietly cut 10 percent of the firm’s staff Friday. A spokesperson for the firm confirmed the layoffs this morning with socalTECH, saying that the cuts were in response to the general economic weakness and pressures in the industry. The cuts were made across all of the firm’s three offices, including Los Angeles, Portland, and Florida.

More at Domain Name News, DN Journal, and Domain Name Wire.

Cheers

Sahar

Read the complete post at http://www.conceptualist.com/fedclick.php?ref=http://www.conceptualist.com/2008/08/18/trouble-around-the-corner-oversee-lays-off-staff/&id=2300