Web.com Layoffs

[rylo]

Apparently late last week Web.com laid off 160-200 people, most if not all were here in Jacksonville. As of right now no local news outlets have reported on this. The only reference that can be found is on a somewhat sketchy looking website called TheLayoff (https://www.thelayoff.com/web-com-group).

All I've heard of this has been from friends of friends and I'm finding it odd that it hasn't been reported on. Anyone else hear about this?

[KenFSU]

It's true.

Went down Friday.

[funwithteeth]

Apparently late last week Web.com laid off 160-200 people, most if not all were here in Jacksonville. As of right now no local news outlets have reported on this. The only reference that can be found is on a somewhat sketchy looking website called TheLayoff (https://www.thelayoff.com/web-com-group).

All I've heard of this has been from friends of friends and I'm finding it odd that it hasn't been reported on. Anyone else hear about this?

I don't have the exact numbers, but not all the layoffs were in the Jacksonville offices

[thelakelander]

Web.com says it has cut a 'small percentage' of jobs
https://www.jaxdailyrecord.com/article/web-com-says-it-has-cut-a-small-precentage-of-jobs

[KenFSU]

Wright said the company is providing affected employees "assistance in many forms."

Fake news.

[Jagsdrew]

Web.com just got sold for $2b all cash to Siris Capital

haven't seen a news story out there but saw it on Twitter.

[Jagsdrew]

Here's the WSJ article:

https://www.wsj.com/articles/web-com-to-sell-itself-to-private-equity-affiliate-of-siris-capital-1529587638