EJV Sales Chief Mintz Departs, Analytics Vendor Lays Off 19 As It Reconsiders Next Step

EJV Partners L.P. parted company with its sales chief two weeks ago. At the same time, the vendor laid off 19 employees. The upheaval comes as the EJV pushes for more sales and less development--in response, sources say, to partners' increasing impatience to see revenue results.

However, EJV president Bruce Peterson now says that product development is still incomplete. "We have had to do more data and valuation development than we had originally anticipated," he says.

The layoffs, accounting for