Reglikedomain industry desk

Off 13% of Staff — Oversee.net Lays

Firm lays off staff following executive transitions

Los Angeles, CA domain name firm Oversee.net has fired 13% of its workforce. The firm just disclosed the layoffs with the following statement:

As part of its plan to address fresh growth opportunities, Oversee.net has realigned its work force resulting in a staff reduction of 13 percent. These moves, along with pending fresh hires, will allow the firm to leverage core assets to innovate more effectively, improve competitive positioning and achieve growth.

This move comes just weeks following CEO Jeff Kupietzky left the firm. Three other executives left in June.

Oversee.net fired 18% of its staff in early 2009, but has been hiring since.

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