Social Networking - Thursday, December 11, 2008
Classmates.com Layoffs
Word on the street is that United Online and its Classmates.com group have done a large round of layoffs. In August 2007, Classmates.com which is a unit of United Online had filed to do a $125M IPO. So for the folks have been filling the sites there it must seem like an amusement park whipsaw ride. There is no confirmation yet from the company about the layoffs but it does seem smart for them to do the dirty on the same day as Yahoo's massive layoffs.
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United Online has layoffs again! Dec 10, 2008: The the majority of the Sales team and the employees that support them have lost their jobs.
Posted by: Digital Snoopy at December 11, 2008 08:03 PM
I wonder if they are going to lower dividens again?
Posted by: Dan at December 15, 2008 11:20 AM
Says who?? I work for classmates and i have yet to hear anything about "major" layoffs or any other kind for that matter. I'd like to know who the sources are for the update and the original story.
Posted by: anonymous at December 15, 2008 03:09 PM
I bet United smartens up and starts cutting into the staff of their "net zero" and "Juno" division asap too. A "graphics user interface director" in that division earns over 120k a year and for what?!. Insane!
Posted by: anonymous at December 23, 2008 09:28 PM
Classmates.com is a fraudulent organization that should be put right out of business. They have automatically charged my $50 credit card after a year. I'm absolutely furious and want my money back. It should be taken right off the internet.
Posted by: Sally at December 26, 2008 01:40 AM
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