Reglikedomain industry desk

Cut More Network Solutions Employees — Web.com to

Firm plans more pink slips at iconic domain registrar.

Web.com plans to fire more Network Solutions employees following it purchases the firm than it previously thought.

The firm, which also owns domain name registrar Register.com, originally thought it would save $30 million through efficiencies. Now it expects to save much more by “cutting senior manager posts, counting Network Solutions’ chief executive, and consolidating data centres and applications”.

“There is significantly more overlap than we originally estimated, and so it’s likely going to be more headcount reduction,” CEO David Brown told Reuters.

It looks like those cuts will come from senior management and not lower level and client service employees.

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