According to a Web-based monitor of dot.com successes and failures, foodline.com is shedding 50 staff in a bid to cut costs. The provider of diner information and reservation management technology solutions to the restaurant industry recently hooked up with Food.com in a co-branding joint venture. Food.com recently announced plans to close its Seattle headquarters and slash its workforce by half (Click Here to read), arousing suspicion that the company has overstretched itself. Self-proclaimed market leader Foodline.com now looks equally shaky, with a new round of job losses allegedly ordered.
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