January 19, 2001, 12:00 AM

Beyond.com Scales Down

Online software retailer Beyond.com will cut its staff by 20% and refocus on the business-to-business market. As part of the restructuring, the company's president and CEO, Mark Breier, has resigned.

Beyond.com plans to expand its eStore and government divisions, while scaling back its consumer and corporate units. The restructuring comes on the heels of the company's announcement earlier this month that fourth-quarter revenue would fall short of expectations--$34 million to $35 million, versus the $50 million analysts had expected.

Beyond.com faces stiff competition from other online software companies, including Egghead.com and Outpost.com.

Rick Neely, currently CFO, will become Beyond.com's CEO.

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From The IR Blog

FPO

Paul Dobbins / E-Commerce

6 tips for maintaining sales during the post-holiday lull

Use that stellar email list you built during the holidays to market new products or ...

FPO

Jeff Sass / E-Commerce

How brands use domains beyond dot-com to attract shoppers

Amazon, for example, posts holiday ads to amazon.blackfriday.

Advertisement