[BusinessTeam] iSyndicate Lays Off Half of Staff

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Web Syndicate Tech Firm iSyndicate Lays Off Half of Staff 
SAN FRANCISCO (VENTUREWIRE) -- iSyndicate, a provider of Internet 
syndication infrastructure and application technology, said it has laid
off 
half of its domestic staff, approximately 85 employees. Jeff Thomas, vice 
president of marketing, said the company made the layoffs across the board

in order to focus more on the company's technology side while controlling 
costs. The company made an undisclosed number of layoffs after it acquired

Kurion and nFactory in February. Mr. Thomas said the latest layoffs did
not 
affect staff in its offices in France, Germany, Moroco, and the U.K. The 
company would not relase its number of international employees.
iSyndicate's 
investors include Bertelsmann, Chase Hambrecht & Quist, Infospace.com, 
Labrador Ventures, Microsoft, News Corp., Scripps Ventures, and Vignette. 
http://www.isyndicate.com 
<http://venturewire.net/comp.asp?l=http://www.isyndicate.com> 


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