The number of job losses in the second half of 2000 was seven times that between January and June. Many major online firms are being forced to reduce labour costs in order to stay solvent, says Muhunthan Thillai of internet consulting firm Roughmedia. And with many online retailers having banked on higher seasonal sales the future of thousands more jobs looks increasingly insecure as we enter the new year. All trade marks acknowledged. Copyright of Info-Links Worldwide.
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