Moneyline Cuts Twenty But Still Aims to Grow
ORGANIZATION AND MANAGEMENT
NEW YORK--Moneyline, a provider of hosted electronic commerce applications and financial content, has laid off 20 people, CEO Jon Robson confirms. Robson declines to comment on who was cut or where the cuts were made but says there are no plans to make additional cuts.
Robson says Moneyline, which raised $36 million from its second round of funding in December (Inside Market Data, Jan. 8), took the opportunity to re-examine the organization. "We got more capital and wanted to make sure we had the
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