Feeds

WebTop sacks two thirds of workforce

Definitely not top of the Web today

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

WebTop has sacked 60 per cent of its workforce in a cost-cutting blitz at the search engine outfit.

More than 20 of the 40 staff were told of the redundancies this morning amid fears about the future of the enterprise.

WebTop CEO, Andy Mitchell,the former head of AltaVista UK, was not one of those made redundant.

El Reg understands that the cuts mean that WebTop - which is owned by Bright Station - has effectively been stripped to the bone.

Those left will concentrate on business development. The entire sales team, which was only hired six weeks ago, has been put on a week's notice. Annual bonuses, which are due to be paid soon, are unlikely to be honoured.

In a short statement, Bright Station said: "We have carried out a review of the staffing requirements at WebTop based on present market conditions.

"Regrettably we have decided to reduce total staff numbers employed in this subsidiary business.

"Those staff who are not being re-employed within the Group will be provided with redundancy packages and every assistance in finding new positions.

"WebTop, with its unique web searching technology, remains an important part of our Group," she said.

Yesterday, Bright Station issued an operating loss of £16.8 million for 2000 but made no mention of today's job losses.

Last month, employees at WebTop sent flowers to Mitchell after he failed to win the Internet Villain Award at Britain's Internet "Oscars". That's some way to pay back their generosity. ®

Related Story

'Internet Villain' loser gets flower consolation

Providing a secure and efficient Helpdesk

More from The Register

next story
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Lords take revenge on REVENGE PORN publishers
Jilted Johns and Jennies with busy fingers face two years inside
Yes, yes, Steve Jobs. Look what I'VE done for you lately – Tim Cook
New iPhone biz baron points to Apple's (his) greatest successes
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Edward who? GCHQ boss dodges Snowden topic during last speech
UK spies would rather 'walk' than do 'mass surveillance'
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.