WebTrends lays off 40 people (12% of it’s staff)


According to the Portland business journal another 40 staff are leaving Webtrends. On a positive note in our part of the world no staff are being laid off and indeed according to interim CEO Bruce Coleman they are actively seeking staff in Europe. The cuts have been made to get WebTrends into a positive cash flow situation.

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Greg Drew is the former CEO. Bruce Coleman is the interim CEO.

Portland Business Journal I thank you for the correction. I have worked with Greg Drew before and had him in my mind when writing. Of course your right, Greg “left” and Bruce took over as interim CEO.