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 bizjournals.com ...
Sinking deeper and deeper into recovery.
Yes, we are now taxing our way to prosperity.
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
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)
Wikipedia does a much better job.
And no need to learn about medical care that the govt won’t allow you to have.
I want to care....but I really can’t.
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