Be among trailblazing marketing pros at Brandweek this September 23–26 in Phoenix, Arizona. Experience incredible networking, insightful sessions and a boost of inspiration at ADWEEK’s ultimate brand event. Register by May 13 to save 35%.
MENLO PARK, Calif. — Egghead.com, an Internet retailer of technology products for small businesses, is laying off 77 employees, or about 12% of its work force. Egghead.com, which started as a chain of software stores in 1984, said Monday it would cut 40 jobs in its Menlo Park headquarters and 37 in Vancouver, Wash.
President and CEO Jeff Sheahan said the move was necessary to “streamline the business” and reduce costs. Egghead.com shares rose 6 cents, or more than 8 percent, to 81 cents Monday on the Nasdaq Stock Market.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in