With so much in the news about job cuts and closures of well-known dot com companies, we at SearchtheWeb.com thought we would track these companies and Internet related sites and provide you with updated short news announcements on their status.

Dot Com News from Week of March 24, 2003

3/28/03 Instinet Group Inc., citing ongoing cost-reduction efforts, plans to cut an additional 175 positions, or 12% of its headcount. 3/27/03 With no warning to employees, America Online laid off 170 at its Ogden facility Thursday. The move leaves 600 at the customer-contact center, 2261 Grant Ave. The layoffs were part of 425 terminations at AOL call centers across the country. An office in Columbus, Ohio was completely closed, according to Nicholas Graham, AOL spokesman. 3/27/03 America Online is closing a central Ohio call center with 100 employees less than a year after it opened. AOL established the center in July as part of its Upper Arlington campus, 5000 Arlington Centre Blvd., to handle calls and questions from members. At the time, Dulles, Va.-based America Online said the center would employ 165. But employment at the call center never topped 100, AOL spokesman Nicholas Graham said. AOL decided to pull the plug on the operation as part of a companywide strategic shift. 3/27/03 Sony Music Entertainment said it will begin laying off about 1,000 employees, or approximately 10% of its world-wide work force, as part of a vast restructuring of the music company under the new chairman and chief executive, Andrew Lack. 3/26/03 In a bid to cut costs at a difficult time for the publishing industry, Random House Inc. is offering early retirement to employees who are 50 years or older. It is believed that a few hundred of the company's estimated 3,000 employees in the U.S. are eligible to participate. 3/24/03 Hawaiian Airlines, Inc., a subsidiary of Hawaiian Holdings, Inc., announced tat, in order to complete a restructuring process begun several months ago to restore the Company's long-term financial health, it has filed a voluntary petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code.

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