Further fueling speculation that Net stocks and rushed IPOs have set e-commerce up for a retrograde period, Value America (Nasdaq: VUSA) is cutting its workforce nearly in half and will reduce its product offerings to a handful of categories that are proven sellers on the Internet.
Value America Slashes E-Commerce Operations
Posted by: Mary Hillebrand December 29, 1999 12:00 AMFurther fueling speculation that Net stocks and rushed IPOs have set e-commerce up for a retrograde period, Value America (Nasdaq: VUSA) is cutting its workforce nearly in half and will reduce its product offerings to a handful of categories that are proven sellers on the Internet.