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WebMD to announce "massive" layoffs Tuesday
The Atlanta Business Chronicle ^ | December 10, 2012 | Urvaksh Karkaria

Posted on 12/10/2012 8:29:31 PM PST by 2ndDivisionVet

Health information provider WebMD Health Corp. is expected to cut nearly a third of its workforce, Atlanta Business Chronicle has learned.

The layoffs, which will be announced Tuesday, are expected to be "massive” and “across every aspect of the company,” according to a source.

An WebMD (NASDAQ: WBMD) insider said the cuts could involve half the Atlanta workforce, according to a source. The company employs about 250 in Colony Square 400 building in Midtown Atlanta.

The cuts, which include software development, Information Technology, editorial, video production and sales employees, will affect Atlanta and other offices.

New York-based WebMD was founded by Atlanta entrepreneur Jeff Arnold in 1998.

WedMD is expected to announce the layoffs in a press release at 8:30am Tuesday. A call to the company was not immediately returned Monday afternoon.

WebMD’s business has taken a hit from a slowing economy and changes in the way consumers browse for healthcare information...

(Excerpt) Read more at ...

TOPICS: Business/Economy; Computers/Internet; Health/Medicine
KEYWORDS: dotcom; internet; layoffs; obamacare
Why browse WebMD if your healthcare is now "free" right?
1 posted on 12/10/2012 8:29:39 PM PST by 2ndDivisionVet
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To: 2ndDivisionVet

Sinking deeper and deeper into recovery.

2 posted on 12/10/2012 8:32:27 PM PST by tacticalogic ("Oh, bother!" said Pooh, as he chambered his last round.)
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To: tacticalogic

Yes, we are now taxing our way to prosperity.

3 posted on 12/10/2012 8:36:08 PM PST by headstamp 2 (What would Scooby do?)
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To: headstamp 2

The Ten Cannots

You cannot bring about prosperity by discouraging thrift.
You cannot strengthen the weak by weakening the strong.
You cannot help little men by tearing down big men.
You cannot lift the wage earner by pulling down the wage payer.
You cannot help the poor by destroying the rich.
You cannot establish sound security on borrowed money.
You cannot further the brotherhood of man by inciting class hatred.
You cannot keep out of trouble by spending more than you earn.
You cannot build character and courage by destroying men’s initiative and independence.
And you cannot help men permanently by doing for them what they can and should do for themselves.

Seven National Crimes

I don’t think.
I don’t know.
I don’t care.
I am too busy.
I leave well enough alone.
I have no time to read and find out.
I am not interested.

~The Reverend William J. H. Boetcker

4 posted on 12/10/2012 8:43:57 PM PST by 2ndDivisionVet (I'll raise $2million for Sarah Palin's presidential run. What'll you do?)
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To: 2ndDivisionVet

I’m sure the federal gov’t. will tell us all we need to know or are allowed to know, now that we have Obamacare. (sarc)

5 posted on 12/10/2012 8:52:14 PM PST by Avid Coug
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To: 2ndDivisionVet

Wikipedia does a much better job.

6 posted on 12/10/2012 9:01:21 PM PST by Slyfox (The key to Marxism is medicine - V. Lenin)
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To: 2ndDivisionVet

And no need to learn about medical care that the govt won’t allow you to have.

7 posted on 12/10/2012 10:33:01 PM PST by Kirkwood (Zombie Hunter)
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To: 2ndDivisionVet

I want to care....but I really can’t.

8 posted on 12/11/2012 3:28:22 AM PST by Tainan (Cogito, ergo conservatus sum -- "The Taliban is inside the building")
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