Reported Job Cuts at NameMedia, WSI Add to Week’s Total

11/21/08Follow @wroush

Our apologies to all Xconomy readers for ending the week on a downer, but it’s time for a roundup of the week’s tech layoff news around Boston.

On Wednesday, Cambridge, MA-based Akamai said it would cut 110 jobs, or about 7 percent of its workforce.

On Thursday Luke reported news of 30 more layoffs at Cambridge, MA-based CombinatoRx, leaving the beleaguered biotech with about 55 people, one third the company’s size prior to news earlier this month that its main arthritis drug had failed in clinical trials.

Earlier today we reported that the healthcare unit of Royal Philips NV, headquartered in Andover, MA, will cut about 1,600 people from its staff worldwide, with about 100 of those cuts occurring in Andover.

Xconomy has also received unconfirmed reports about layoffs at two more local companies. WSI, an Andover, MA, company that provides weather information to media, energy, and aviation firms, cut 28 workers or about 10 percent of its staff on November 13, according to one source. And NameMedia, a Waltham, MA company that auctions (and sells advertising on) parked Internet domains, cut 30 workers on November 11, according to another report. We are attempting to obtain confirmation of these job cuts, but at press time no one at either company had responded to our inquiries.

We’ve updated our Boston Tech Layoff Tracker with the latest numbers.

Wade Roush is a contributing editor at Xconomy. Follow @wroush

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  • http://www.NameMedias.com Curtis J Neeley Jr., MFA

    I bet NameMedia is headed for a bankruptcy to take advantage of the protections offered. They paid millions in salary every year to just the top execs. every one of them who leaves saves a quarter of a million dollars a year. Read their retracted IPO filing. They expected people like me to not be upset enough to take them to the mat. I pray that they do not file bankruptcy and hope they pay much more than ten million for violating my trademarks and copyright after they knew that I was distressed. They involved a lawyer first. Esquire Erik Zilinek advised me that they considered their cybersquatting and would be allowed by a tribunal in spite of my common law TM. NameMedia has been cybersquatted on two of my domains since the first year after Esquire Zilinek passed the bar exam. Visit NameMedias.com at the link above to see a bit about the case.
    THEY HAVE BEEN SERVED!
    I will post the reply at NameMedias.com as soon as they give it. They have less than twenty days.