By training a technology team in India, Snaz Commercial Solutions has eliminated 20 jobs from its offices in New York and London. Good first quarter has company on path to grow staff by 40 percent this year. Internet service provider posts lower loss and higher sales in first quarter. It said it expects to achieve positive cash flow by 2002. NetSpeak sales drop by more than half, while losses more than double.
Company blames slowdown in the telecom sector.
Fourthstage merger smells like a takeover. Inc. All Rights Reserved.