Viador Axes 87 Employees

Share this content:
Viador Inc., an e-business services company, will let go of 87 employees tomorrow, dropping its work force from 242 to 155.


The company said Tuesday that the layoffs were an effort to achieve profitability by the third quarter this year. However, it had stated previously that it expected to reach a profit by the fourth quarter.


Viador, Mountain View, CA, said it is trying to cut employment costs while restructuring its sales, consulting, customer support and training departments. The company said the layoffs would reduce other personnel-driven costs such as travel and office expenses.


The firm expects approximately a $500,000 charge connected with the reduction in work force to affect its 2000 fourth-quarter earnings report, which is due out Jan. 30. Viador expects revenue for the quarter to top $5 million. In October it had stated that revenue could be more than $9 million.

Sign up to our newsletters

Company of the Week

Brightcove is the world's leading video platform. The most innovative and respected brands confidently rely on Brightcove to solve their most demanding communication challenges because of the unmatched performance and flexibility of our platform, our global scale and reliability, and our award-winning service. With thousands of customers and an industry-leading suite of cloud video products, Brightcove enables customers to drive compelling business results.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above