Internet Retailer - Strategies For Multi-Channel Retailing


News Stories
News Stories Wednesday, April 25, 2001   
E-Mail 'Online currency provider Flooz cuts half its staff' to a friend  Printer Friendly: Online currency provider Flooz cuts half its staff   

Online currency provider Flooz cuts half its staff


Online gift currency company Flooz.com, promoted by actress Whoopi Goldberg, laid off 35 employees today, which is half the company’s staff. CEO Robert Levitan cited the current downturn in the economy for the cuts. “We continue to have confidence in the viability of our business model. Corporate customers continue to embrace Flooz solutions for rewards and incentives and consumers continue to embrace Flooz for perfect gift giving,” Levitan said.

Back...

Copyright © 2006 This content is the property of Vertical Web Media. Privacy Policy
Articles by Age, Title, Author. Conference, CD, Guides