Petstore.com in Trouble
from the pet-store-shakeout dept
The big joke around here is always about starting another online pet store, because of the fifteen or so that all launched in the same week. Well, everyone expected shakeout (especially since only one of them got to go public before the market corrected). So, now Petstore.com (which has raised $150 million) is apparently laying off workers though they claim they're not in trouble. Right. Sure. Business is great, but they're just laying off workers for the hell of it.
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