With the aim of reaching profitability by the end of first quarter 2001, IT employment site ComputerJobs.com Inc., Atlanta, eliminated 15% of its workforce, bringing its headcount to 122. Under the restructuring, ComputerJobs.com CEO Sally Foster left the company. Mike Gilfillan, company founder and chairman, will assume the CEO post. Primary areas impacted by the job cuts include development and technology. The company will continue to hire workers to fill sales, client services and marketing positions. Gilfillan said the company will post a 76% gain in 2000 revenues to about $16 million from $9.1 million in 1999.
www.computerjobs.com
ComputerJobs.com downsizes - 01/2001
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