Just days after announcing that it would lay off some 15 percent of its workforce, online drugstore PlanetRx.com, Inc. (Nasdaq: PLRX) disclosed that an expensive agreement with a pharmacy benefits manager will lead to lower revenue for the second quarter and the remainder of fiscal 2000.
Amid Layoffs, PlanetRx Projects Deeper Losses
Posted by: Nora Macaluso June 20, 2000 12:00 AMJust days after announcing that it would lay off some 15 percent of its workforce, online drugstore PlanetRx.com, Inc. (Nasdaq: PLRX) disclosed that an expensive agreement with a pharmacy benefits manager will lead to lower revenue for the second quarter and the remainder of fiscal 2000.