Web Publisher TechTarget Cutting 76 Jobs, 12% of Workforce

Authored by Mark Hefflinger on December 15, 2008 - 9:43am.

Needham, Mass. - TechTarget, a provider of online content about corporate IT products, has filed with the Securities and Exchange Commission indicating that it is cutting 76 full-time positions, or 12% of its total workforce, in response to current and anticipated future economic uncertainties.

The company also has terminated certain office leases and eliminated two print publications.

TechTarget also said it is continuing "strict controls on discretionary spending."

The company was founded in 1999 and went public in 2007.

 

Related Links:
http://snipurl.com/8aqhi (SEC filing)

http://www.techtarget.com

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