Friday, October 21, 2011

Deals site BuyWithMe chokes on acquisitions, announces huge layoffs

Daily Deals site BuyWithMe, which gorged itself buying smaller rivals, has laid off more than half its workforce, the company’s chief executive officer Jim Crowley announced yesterday. BuyWithMe was the No. 3 daily deals site in the U.S. behind Groupon …

Source: http://feeds.venturebeat.com/~r/Venturebeat/~3/AVqywSaz7S4/

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