22nd
Reports: NameMedia Lays Off 30
Unconfirmed reports suggest domain giant has laid off 30 people. Xconomy is citing unconfirmed reports that NameMedia, parent company of Afternic and BuyDomains, has laid off 30 employees. Please note that Xconomy has been unable to confirm the layoffs as of yet. I have reached out to multiple employees at NameMedia and will update this post as more information becomes available.
As of September 2007 the company had 136 employees according to SEC filings. NameMedia filed to go public back in November 2007, but obviously the stock markets have not been favorable to IPOs since then.
