James MacGregor's Pacific Epoch is reporting that there's trouble down on the Ninetowns farm. After all the 'glory' of their $27 million acquisition of Baichuan's Yaphon business earlier this year, it now appears they're laying of 140 or so in their B2B search unit.
The report, via 163.com, says "Ninetowns confirmed that it has made lay-offs in the B2B department but that some employees will be transferred to other departments and that Ninetowns will continue to develop its B2B business".
The report, via 163.com, says "Ninetowns confirmed that it has made lay-offs in the B2B department but that some employees will be transferred to other departments and that Ninetowns will continue to develop its B2B business".
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