eToys announced plans today to fire its remaining 293 employees. However, the company plans to continue exploring alternatives to closure.
posted by crushed on Feb 6, 2001 - 9 comments

51,631 dot com layoffs as of Feb. 01, 2001. Is it that the web allows us to simultaneously view the usual failure of 99% of new businesses, a sign of the coming recession, or just a result of bad business plans and get rich quick schemes? Or was it simply too good to last? Whatever the reason, it's depressing.
posted by crushed on Feb 2, 2001 - 19 comments