Oversee Lays Off 13% of Staff | DomainInvesting.com

Oversee Lays Off 13% of Staff

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I just received an email from Oversee.net announcing “a staff reduction of 13 percent.” I am not sure if this number reflects those who have left the company in recent months or if this is a new round of layoffs, but I’ve reach out to ask. The company also stated that there are pending new hires.

It’s a bummer to see any company in the domain space letting go of staff, and I wish those people all the best.

Here are the details in an email I just received from the company:

“As part of its plan to address new growth opportunities, Oversee.net has realigned its work force resulting in a staff reduction of 13 percent. These moves, along with pending new hires, will allow the company to leverage core assets to innovate more effectively, improve competitive positioning and achieve growth

If you have questions or would like to talk with Scott Morrow, Co-President of Oversee, please let me know.”


About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has sold seven figures worth of domain names in the last five years. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest.


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Comments (2)

    Elliot Silver

    I was told that this doesn’t include some of the people who recently left the company on their own.

    September 15th, 2011 at 2:47 pm

    BullS

    At “BullS” we are always hiring the best and the brightest. Money is not the problem.
    Creativity is the #1 requirement.

    *** if someone is a SEO manager, why would you work for a domain company when you can work for yourself??

    All it takes is a good domain!!!

    September 15th, 2011 at 2:52 pm

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