AltaVista appoints new CEO, lays off 30% of work force
Internet portal AltaVista reformed its ranks this week, announcing 160 layoffs and the appointment of a new CEO.
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New CEO James Barnett will oversee an Internet company whose ranks have been decimated in the last year. Since last summer, AltaVista had seen its work force shrink from 950 employees to 500. The current round of layoffs will cut it by another 30 percent.
Barnett replaces Rod Schrock, who resigned just over a year ago but was not replaced. Barnett was an executive with several other Internet companies before joining AltaVista.
--Kevin Fitchard, staff writer
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© 2012 Penton Media Inc.
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