Excite Cuts 500 Jobs
Sep 26, 2001, 12:00 AM
Broadband Internet provider ExciteAtHome is closing its marketing services division, scaling back the Excite portal and cutting 500 job - more than a quarter of its work force. The company is shutting down its Colorado-based MatchLogic subsidiary, which employs 200 people. About 300 jobs will be lost at the Excite portal as it drops services less popular with users, such as its shopping and games pages. Excite's search, instant-messaging service, email and news and financial content pages will be untouched.