Etoys to lay off 70% of its workforce in their never ending quest for profitability. Does it really take 1,000 employees to run an e-commerce site? I hope not, since there will only be 300 left after today. I imagine most of those employees were in the fulfillment end of the business.
I thought I'd never get to see the day that this happened, but etoy.com is back online. The War Is Over.
Finally! eToys.com drops the suit against ETOY.com and agrees to pay up to $40,000 of their legal fees. Finally! Now, I wonder what the group of people I built etoys-sucks.com with are going to do with the domain?