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.
Šaltinis:
thestandard.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The European Commission has authorised under EU state aid rules a €550 million capital injection and a €400 million guarantee in favour of the Austrian bank BAWAG. P.S.K. The Commission found the measures to be in line with EU state aid rules.
more »
EUROSTAT has reported that the sharpest annual decrease in hourly labour costs of -10.9% was observed in Lithuania in the 3rd quarter of 2009.
more »
Statistics Lithuania informs that, according to the Labour Force Survey data, the number of the unemployed in III quarter 2009 made 228.1 thousand.
more »
What has come to be termed as the "Great Recession" seems to have come to an end in the third quarter of 2009.
more »
The European Commission has authorised, under EU State aid rules, a measure adopted by Lithuania to limit the adverse impact of the current financial crisis on exporting firms.
more »
The schedule of Vilnius International Airport (VIA) is supplemented with 3 more new directions; the airline company airBaltic starts regular flights to Paris today, to Munich tomorrow, and to Berlin on Monday.
more »
The Governing Council of the European Central Bank (ECB) has decided to start the main construction works for its new premises in spring 2010.
more »
AB Bank SNORAS was granted the award from NASDAQ OMX Baltic Stock Exchange for the jubilee 15-year listing of the bank’s shares on NASDAQ OMX Vilnius Stock Exchange.
more »
Parex banka has established a subsidiary, SIA NIF, which will professionally manage assets that are not related to the Bank’s core business.
more »
Mariann Fischer Boel, European Commissioner for Agriculture and Rural Development, today put forward a plan to ensure that Greece will put in place the systems necessary to allow EU aid payments to be made to farmers.
more »