Questia again cuts its workforce 50% on low growth rate

Submitted by Blake on Tue, 11/20/2001 - 14:00

The Houston Chronicle is Reporting Questia Media cut its workforce in half last week, reducing the number of employees to just 68, down from almost 300, because of lower than expected demand for its online library and research service.

\"We\'re seeing good week-over-week growth but not at an aggressive rate as we anticipated,\" said spokeswoman Ann Brimberry \"Our priorities now are to make the service work as well as we can for subscribers.\"
Props to Gary Price for this one.