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http://chronicle.com/free/2001/09/2001091301u.htm

UNext Lays Off 135 Employees, Citing Need to Spend Conservatively
By KATHERINE S. MANGAN

One of the nation's most prominent providers of online business education, UNext, laid off 135 of its 325 employees this week, slashing its work force by 42 percent. A spokeswoman, Jennifer Karras, said the company needs to operate in a "fiscally conservative manner" because of the weakened economy and the challenges of raising venture capital....

  posted by Ray at 6:17 AM permanent item link   

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