N2H2 (censorware company) fires 18, COO, VP marketing

Speaking of N2H2 (a censorware company) finances, its business doesn't seem to be good:

N2H2 lays off 18; two executives among them

Seattle-based N2H2 Inc., a developer of Internet filtering software, has laid off 18 members of its staff, including the chief operating officer and the vice president of marketing. ...

The moves, expected to reduce operating expenses by 11 percent or $1.5 million annually, are designed to help the company achieve profitability in late fiscal 2003, N2H2 said.

By Seth Finkelstein | posted in censorware | on September 10, 2002 11:07 PM (Infothought permalink)

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