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Lycos laysoff 300

1:19 pm on Sep 12, 2001 (gmt 0)

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Lycos's turn [us.news2.yimg.com]
1:34 pm on Sept 12, 2001 (gmt 0)

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Good find,

25 million users, that would make it account for nearly 20% of internet users in Europe.

12:02 pm on Sept 13, 2001 (gmt 0)

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>Lycos laysoff 300

..but Jubii.dk (a part of Lycos Europe Network) hires 10 new employees.

Jubii has been put out to be the European Innovation center in the network. They average around $30-40,000 a month, and they are one of the few companies in the network that actually can make a profit. Recently their chat services have been implemented into Lycos' sites in Germany and the UK.

Futhermore they have just released a statement that says that they are going into fee-based services. They split the portal up into 2 "classes": 1st and 2nd.
2nd class is free and includes access to the site as it is today. However 1st class will cost around $30 a year and include additional services as real time stock quotes, off line consumer discounts, add. mail disc space features and more.

Jubii expect that half their income within 3 years would come from user-based fee's.

Release in danish [computerworld.dk]


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