You are here: silicon.com > Networks > WebWatch

beenz staff canned

Web currency company, Beenz.com, has informed its 260-strong workforce that two of its 10 overseas offices are being shut down, with the possibility of further closures in the near future.

By Chris Holbrook

Published: 20 December 2000 12:08 GMT

The company is still considering which offices to close although New York and San Francisco will lose 25 out of a total of 46 staff.

The company said in a brief statement that regional management teams are evaluating the state of their businesses and will act in a fashion similar to the US if necessary. Details of the appraisal will be delivered to boardroom staff by March 2001.

Beenz offers loyalty points, or 'beenz' that can be redeemed for goods at other participating websites. The company will seek a strategic partner for 'beenzCodes' technology targeting the offline market. Larry Ellison, CEO of Oracle, is among the company's investors.

Add comment

Print story

Email story

RSS

beenz and Mondex seal smartcard deal

beenz to release offline debit card

'Cash cards' offer peace of mind for Net shoppers

Minority Report: Apple, Google - and the power of rumour

A day in my wireless life

In silicon.com

Read and write about internet access at the airports of the world at atlarge.com. Rate airports, and see what others have to say...

Commentary

Natasha Lomas Is BlackBerry taking a leaf out of Apple's book? The truth isn't out there...

Natasha Lomas iPhone nano: Fact or fiction? Apple's game will keep us guessing...

Latest News

Home broadband gives kids better GCSE results

Virtual worlds under siege from cyber crime

Third of UK homes still without web access

BBC adds series stacking to iPlayer

Supermarkets serve up varied pace online

Online auction slashes gov't laptop costs in half

Jobs

Windows Technical Consultant - Windows AD Exchange IBM Server SAN

IBM and/or Microsoft Consultant - Windows AD Exchange System X DS4000 SAN VMware. Skills required are; Knowledge and experience of some (or all) of ...

Unix Support, AIX, Linux, Tivoli, SAN, Virtualisation, W. Yorks

Yorkshire 25,000 to 30,000 The perfect candidate: + AIX Unix Server Support (or strong alternative) + Websphere + Unix Shell Scripting + TSM + ...

Unix Systems Administrator, AIX, TSM, SAN, Virtualisation, W. Yorks

Scripting + Virtualisation VMWare + Tivoli Storage Managr + SAN + Linux This is a permanent position N. An excellent opportunity has arisen for a ...

Special Report Focus

CIO50 2008
The silicon.com CIO50 2008 profiles the most influential and innovative tech chiefs in the UK across all industries and organisation size, from the biggest FTSE100 companies to high growth dot-com start ups and the public sector. The list was voted on by the UK CIO community and a panel of experts. Find out more in our latest special report.