The online retailer lays off nearly half of its staff, leaving a 'skeleton crew' to maintain the site for parent Kmart.
Published:
10 August 2001 y., Friday
BlueLight.com initiated another round of major layoffs Thursday that will likely leave the online retailer with just a "skeleton crew" maintaining the company's Web site for its parent Kmart, according to a source at the company who was among those laid off.
BlueLight dismissed 50 to 60 workers Thursday, or close to half of the company's staff. The company will continue making layoffs during the next 30 to 45 days, leaving a few employees to keep up with key financial and technological procedures, the source said.
BlueLight did not immediately return phone calls requesting comment.
BlueLight endured another round of heavy layoffs in May, as the company attempted to pull back on spending and share similar resources with Kmart. BlueLight then announced last month that Kmart would buy back all outstanding shares of BlueLight and take full control.
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