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Net Layoffs Hit a Dubious Milestone

By Amanda Christensen and Kathi Black
05.08.2001
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sans-serif" size="1">3 152 Company is now traded on the OTC:BB and has announced that it will not pursue a reverse stock split. Excite@Home 3 645 Company announced their layoffs on April 30, 2001. NBCi 3 320 On April 9, 2001, NBC announced that they would acquire all the assets of NBCi and integrate them back into the company. Network Commerce 4 398 Company announced their earnings on May, 2001. Have cut their staff by two-thirds and are exploring strategic alternatives possibly a merger, an asset sale, additional equity or debt investment. Oxygen Media 3 112 Company recently partnered with AOL Time Warner. Priceline.com 3 168 On May 7, 2001 Company announced a new CEO, Richard Braddock, and a new President, Jeffrey Boyd. Razorfish 3 520 Company announced on May 7, 2001 that their two co-founders, Jeff Dachis and Craig Kanarick, stepped down. A new CEO was announced the same day.

Katie Motta contributed to this report.