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Old 08-18-2008, 02:59 PM   · #1
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Oversee Lays Off 10% of Staff -Company VP Explains Move to DN Journal

Oversee.net, parent company of DomainSponsor, SnapNames and Moniker, announced a 10% reduction in its workforce due to declining conditions in the general economy. Oversee VP Mason Cole commented on the layoffs at DNJournal.com:

http://www.dnjournal.com/archive/lo...ts/08-18-08.htm


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Old 08-18-2008, 04:17 PM   · #2
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Not good news.
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Old 08-18-2008, 04:36 PM   · #3
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Definitely not good, though kinda understandable.
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Old 08-18-2008, 05:05 PM   · #4
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Old 08-18-2008, 05:52 PM   · #5
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The whole world is suffering not just our industry.

Belts are being tightened everywhere.

Boom & bust - nothing new
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Old 08-18-2008, 08:46 PM   · #6
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Hmm --- I've been hearing about slow, steady degradation of customer support at Moniker; I personally have never had much problems, but haven't requested support for a year or more. I've always been disappointed with snapnames support --at least regarding their seller's auction; two requests twelve months apart with no response. I think oversee is becoming enamored with being "big time" domainers (organizing live auctions and rubbing shoulders with their corporate peers), and are losing their ability to supply quality domainer products.

I think this layoff is less likely a restructuring to be competitive, but more like a necessary cost of their latest priorities (glamour over substance).
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Old 08-19-2008, 02:30 AM   · #7
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Originally Posted by ~ Cyberian ~
Not good news.



The good news is


Quote:
No one from upper management was laid off at any of the Oversee divisions. The realignment was made at the middle management and staff level.

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Old 08-19-2008, 08:23 AM   · #8
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Expected

Thats one of the areas of savings that oversee likely saw once they merged the companies.
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Old 08-19-2008, 06:06 PM   · #9
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Of course they didn't get rid of any of the upper management, why would they ax someone who gets paid a lot of money to do nothing? lol

Just get rid of all the CSRs instead... What company has customer service these days anyway? It's a dying fad...
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Old 08-19-2008, 06:12 PM   · #10
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Originally Posted by Ronald Regging
Of course they didn't get rid of any of the upper management, why would they ax someone who gets paid a lot of money to do nothing? lol




Did you expect the CEO to get laid off? Upper management runs the company and probably owns alot of it. The people down low can probably work harder and fill in the missing positions whilst some of the middle management is probably overlapping or unneccessary.
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Old 08-19-2008, 06:30 PM   · #11
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Originally Posted by snoop
Did you expect the CEO to get laid off? Upper management runs the company and probably owns alot of it. The people down low can probably work harder and fill in the missing positions whilst some of the middle management is probably overlapping or unneccessary.



My point was that customer service is already poor with the people they had, let alone with less people. I worked for a company that "consolidated" much like this and all it lead to was a bunch of overworked, underpaid, angry CSRs answering customer phone calls. To say the least, the company ended up losing a few of its major clients and had to "consolidate" further...

I understand the economics behind it, with the economy the way it is, it isn't unexpected. I'm just saying, if they're cutting CSRs, it's not good for anyone involved.
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