Sunday, November 16, 2008

Out of a Jobster: Jobster Cuts to Barebones

Jobster, who had 150 employees when times were better has been cut down to 25 (from 40). Another really bad name caused by a faulty forward look to what the Internet would become when doing the spec for domain name registrations.

Seattle startups seem to be in a lot of trouble and the ignition just is not working. I guess they did not need to burn through the venture capital they received at such a pace as they were and the opportunity they thought was right around the corner is really on the other side of the recession. Will they see it through and out to the other side? Unlikely that many will, however it is not impossible.

Jobster is headquartered in Seattle, WA.

Related:
Redfin encountered Jaws: 20 people eaten
Drugs and Layoffs
Trouble in the dot com mania redux
Retail Closure and Unemployment

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