InfoSpace Restructures Mobile Business

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InfoSpace Restructures Mobile Business...

By: Andy Beal
2006-10-12

Not all news in the mobile space is positive. ClickZ is reporting Infospace is having to layoff 250 employees after losing a large partnership deal.

Link: Layoff

Beginning this week and continuing into next year, the company plans to eliminate 250 positions, mainly in its mobile content business. The company announced last month that Cingular, its largest ringtone distributor, would begin to enter licensing agreements directly with record labels instead of using InfoSpace as a middleman.

Tag: ClickZ

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About the Author:
Andy Beal is an internet marketing consultant and considered one of the world's most respected and interactive search engine marketing experts. Andy has worked with many Fortune 1000 companies such as Motorola, CitiFinancial, Lowes, Alaska Air, DeWALT, NBC and Experian.

You can read his internet marketing blog at Marketing Pilgrim and reach him at [email protected].


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