 Online Learning Update Ray Schroeder, editor, COLRS - Online@Illinois SpringfieldOnline Learning Update - a blog published daily since 2001 by Ray Schroeder, Professor Emeritus, University of Illinois at Springfield |
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Thursday, September 13, 2001
http://chronicle.com/free/2001/09/2001091301u.htm UNext Lays Off 135 Employees, Citing Need to Spend Conservatively By KATHERINE S. MANGAN One of the nation's most prominent providers of online business education, UNext, laid off 135 of its 325 employees this week, slashing its work force by 42 percent. A spokeswoman, Jennifer Karras, said the company needs to operate in a "fiscally conservative manner" because of the weakened economy and the challenges of raising venture capital....
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