Mobile/PDA About Us Advertise here
User User name Password  
  Not registered yet? Register here.
Lost your password? Click here. 		 
  Home   News   Guides   Downloads   Glossary   Hardware   Profiles   Forums  
 Latest news     Press releases     Search news     Submit news     Our RSS newsfeed     Advertise at AfterDawn.com
Friday 5.12.2008 / 06:52 AM
Search:        In English   Suomeksi   På svenska
afterdawn.com > news > napster lays off 15%
Show topics
News
News

Napster lays off 15%

24 October 2001 15:09 by Petteri "dRD" Pyyny

Napster announced today its history's first round of layoffs, handing out pink slips for 16 members of its staff or 15% of total 104 employees. Layoffs weren't targeted on any specific division of the company and were made -- just like any other layoffs in any other company -- to cut the costs.

Napster has developed its legal service last year or so and has received about $100 from Bertelsmann, mostly in loans, to fund its operations until the service launches, which should happen before the end of the year.

Permalink to this article

Get AfterDawn's news to your favourite feed reader! Share this story with your friends!
 

 
Related articles:

  • Napster files for Chapter 11 (3 June 2002)
  • Bertelsmann acquires Napster (17 May 2002)
  • Napster CEO quits (14 May 2002)
  • Appeals court says that federal court was right in Napster's case (25 March 2002)
  • Napster lays off 10 per cent (8 March 2002)
  • Vitaminic licenses music to Napster (5 November 2001)
  • Napster gets more funding from Bertelsmann (26 October 2001)
    •  

    « Previous news article
    Bertelsmann licenses technology from Napster     		Next news article »
    Bunch of Q3 financial reports and some other stuff
    Discuss this article! 
     Post your comment
     

    Subscribe to our newsfeed

    Get the latest headlines delivered directly to your favourite RSS reader or content aggregation service by using the links below.

    AfterDawn.com: News - RSS feed
    Add to Google
    Add to My Yahoo!
    Add to MyMSN

    Latest news

    RSS Feed

    Latest news from AfterDawn.com.

    More news...

    Search for headlines

    Search through our news archive.

    Latest threads

    Recently updated
    discussion threads.
     

    More...

    Last week's most popular software downloads

    Most popular devices

    Last week's most popular products in our product comparison service.

    More products...

    Latest software updates

    RSS Feed

    More software updates...

    Top links

    Most popular links

    Digital video: AfterDawn.com | AfterDawn Forums | DVD X Copy Forums
    Music: MP3Lizard.com
    Gaming: Blasteroids.com | Blasteroids Forums
    Software: Software downloads
    Blogs: User profile pages
    RSS feeds: AfterDawn.com News | Software updates | AfterDawn Forums
    International: AfterDawn in Finnish | AfterDawn in Swedish | download.fi | fin.MP3Lizard.com
    Navigate: Search | Site map
    About us: About AfterDawn Ltd | Advertise on our sites | Rules, Restrictions, Legal disclaimer & Privacy policy
    Contact us: Send feedback | Contact our media sales team
     
      © 1999-2008 by AfterDawn Ltd.