Healtheon, Kozmo Lay Off Employees

Share this article:
Healtheon/WebMD and Kozmo.com both announced layoffs on Friday.


Kozmo, which provides home delivery of food, videos and other products, said it would lay off between 30 and 40 people. The cuts were in addition to roughly 300 employees who were let go earlier this year. Kozmo, New York, also said it would postpone its initial public offering until early next year, and instead would focus on making the company profitable.


Healtheon/WebMD, Atlanta, also is focusing on the bottom line. The Atlanta Journal-Constitution reported Friday that the company will drop 100 jobs in the first round of layoffs designed to trim $75 million in expenses. The cutbacks are part of Healtheon's plan to turn a profit by the end of next year.
Share this article:
You must be a registered member of Direct Marketing News to post a comment.
close

Next Article in Digital Marketing

Follow us on Twitter @dmnews

Latest Jobs:

Featured Listings

More in Digital Marketing

Hallmark Takes Baby Steps to a New Brand

Hallmark Takes Baby Steps to a New Brand

The company relied on digital to get its growing children's apparel brand off of the ground.

One Third of Americans' Social Media Time Is Spent on Facebook

One Third of Americans' Social Media Time Is ...

Pandora, meanwhile, attracts more user time but far fewer digital advertisng dollars, says a study.

News Corp. Chief Brands Google an 'Unaccountable Bureaucracy'

News Corp. Chief Brands Google an 'Unaccountable Bureaucracy'

Robert Thomson warns the EU that an antitrust deal with Google will lead to a decrease in competitive options for marketers and an increase in piracy.