ICG plans to nearly halve its workforce
Article Abstract:
Internet Capital Group Inc. announced it was cutting 44 jobs, almost half its work force. The company would have only 50 employees left globally by the end of June. The Internet investment firm also posted a first-quarter loss of $1.7 billion.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2001
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Losses mount at Internet Capital
Article Abstract:
Internet Capital Group Inc. (Wayne, PA) cut about one-third of its workforce in Wayne, Boston and San Francisco. The investment company posted 3rd qtr losses of $263.9 million.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2000
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ICG to sell its stake in ICG Asia for $100 million
Article Abstract:
Internet Capital Group Inc. (ICG) plans to sell its holdings in ICG Asia to two Hong Kong investors, in an effort to concentrate on key partner companies.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2001
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