Ask Jeeves shows staff the door

About 180 full-time employees have lost their jobs in the hope that by creating the separate companies, Business Solutions and Web Properties, Ask Jeeves will be able to save approximately $US45 million in 2001 and grow 30 per cent per year thereafter, the company said in a statement.

The move comes a week after the company announced the resignation of Chief Executive Officer Rob Wrubel, in light of its warning that fourth-quarter losses were going to be much higher than analyst expectations. Specifically, on 7 December, Ask Jeeves warned of a $US18 million loss.

The company expects to reach profitability in the fourth quarter of 2001, with the Business Solutions side garnering revenue from licensing its Ask Jeeves technology and Targeting Solutions focusing on Ask.com, DirectHit.com and AJKids.com, the company said.

In a general slow-down for the dot-com economy, it has been a particularly difficult quarter for employees working at search engine companies. In September, Web portal and search engine, AltaVista also cut its US staff by 25 per cent which resulted in the loss of work for 225 people.

Join the PC World newsletter!

Error: Please check your email address.

Our Back to Business guide highlights the best products for you to boost your productivity at home, on the road, at the office, or in the classroom.

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Laura Rohde

PC World
Show Comments

Most Popular Reviews

Latest News Articles

Resources

PCW Evaluation Team

Azadeh Williams

HP OfficeJet Pro 8730

A smarter way to print for busy small business owners, combining speedy printing with scanning and copying, making it easier to produce high quality documents and images at a touch of a button.

Andrew Grant

HP OfficeJet Pro 8730

I've had a multifunction printer in the office going on 10 years now. It was a neat bit of kit back in the day -- print, copy, scan, fax -- when printing over WiFi felt a bit like magic. It’s seen better days though and an upgrade’s well overdue. This HP OfficeJet Pro 8730 looks like it ticks all the same boxes: print, copy, scan, and fax. (Really? Does anyone fax anything any more? I guess it's good to know the facility’s there, just in case.) Printing over WiFi is more-or- less standard these days.

Ed Dawson

HP OfficeJet Pro 8730

As a freelance writer who is always on the go, I like my technology to be both efficient and effective so I can do my job well. The HP OfficeJet Pro 8730 Inkjet Printer ticks all the boxes in terms of form factor, performance and user interface.

Michael Hargreaves

Windows 10 for Business / Dell XPS 13

I’d happily recommend this touchscreen laptop and Windows 10 as a great way to get serious work done at a desk or on the road.

Aysha Strobbe

Windows 10 / HP Spectre x360

Ultimately, I think the Windows 10 environment is excellent for me as it caters for so many different uses. The inclusion of the Xbox app is also great for when you need some downtime too!

Mark Escubio

Windows 10 / Lenovo Yoga 910

For me, the Xbox Play Anywhere is a great new feature as it allows you to play your current Xbox games with higher resolutions and better graphics without forking out extra cash for another copy. Although available titles are still scarce, but I’m sure it will grow in time.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?