Jobs.com In Trouble
from the wait-a-second... dept
For the past month or so the only good things people could say about dot coms was that the online job sites were doing well since so many people were getting laid off. Apparently, that might not be true either as Jobs.com has filed for Chapter 11 bankruptcy protection. It sounds as though they ran their business poorly as they blame a “high burn rate” for the problems, despite increased revenue.