Net Layoffs Hit a Dubious Milestone

face="Verdana, Arial, Helvetica, sans-serif">3 226 Closed on August 18, 2000 to relaunch, and never got off the ground. Convergent Communications 3 800 Company filed for Chapter 11 bankruptcy protection on April 19, 2001. eToys 3 1067 eToys.com closed their website and filed for bankruptcy protection on March 7, 2001. KB Toys recently won a bid for all of eToys.com's assets. Furniture.com 3 156 Unable to secure additional funding, they closed on November 6, 2000. iMotors.com 3 800 Unable to secure additional funding, they closed on April 25, 2001. ISP Channel 3 109 Closed on December 11, 2000. Kozmo.com 6 1619 Closed on April 11, 2001 due to current market conditions. MarchFirst 4 3510 Company sold its operating assets to Divine InterVentures for $70 million. PlanetRX.com 3 120 Closed on February 12, 2001. Quepasa.com 3 58 Liquidated its assets on December 27, 2001. Quokka 3 527 Due to current market conditions, the company closed on April 18, 2001. Xpedior 3 950 On April 20, 2001 the Company announced a voluntary filing for Chapter 11 bankruptcy. They have been delisted by NASDAQ and are currently traded on OTC:BB. STILL AROUND Who # of Rounds of Layoffs Total Status 24/7 Media 3 400 The company recently sold Sabela, it's Australia media division, to DoubleClick. 3Com 3 4045 Announced layoffs of 3,000 on May 7, 2001. Alta Vista 3 475 Company announced launch of Alta Vista New Zealand. Buy.com 3 190 Announced earnings on May 2, 2001. Company says the restructuring reduced their cash burn rate. Creative Planet 3 110 Company recently announced a new Chief Financial Officer. Drkoop.com