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-- Google Finance, Govt, Policy and Business Issues
---- Wave Of Layoffs in Wake of Panda


BillyS - 8:56 pm on Apr 22, 2011 (gmt 0)


Seeing a 40% decline in sales since Google adjusted its algorithm, online ergonomic-products retailer Ergo In Demand Inc. in Central Point, Ore., reduced its 17-person staff to five, moved to a 4,500-square-foot office space from one more than double in size and cut $4,000 in monthly software subscriptions.


I like this one, he lost 40% of sales, but cut his office space cost in half. He also fired 70% of his staff. Sounds like the small guy in the warehouse lost out, not the owner.


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