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Is that the sound of bubbles popping I hear? Ask.com has announced that it is cutting 40 jobs in a restructuring move.
This move should come as no surprise. With Yahoo cutting jobs and even the bulletproof Google looking at some fairly slow advertising growth, Ask.com is certain to be facing some difficult times. Getting rid of Jeeves isn’t going to solve Ask’s revenue problems overnight. Although Ask.com is sitting as the fourth ranked search engine, they certainly have been trying to improve their station. Competition is good for everyone, so let’s hope restructuring is a sign of health rather than a sign of impending doom.
Read [CNET]
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