DoubleClick adds 100 to job cuts

Bad news for employees as the company attempts to save its bacon...

By Kate Hanaghan, 12 October 2001 14:05

NEWS DoubleClick is likely to axe another 100 jobs in its crusade to cut costs. The cuts are on top of the 700 jobs the company has already cut this year. According to reports, the company will be making the cuts from its media division. However, the company has also said that it expects to turn in a smaller the expected loss for its fourth quarter. More positively its share price was up more than 18 per cent in Germany during morning trading.

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