SPACE.com
Announces Restructuring; Layoffs
SPACE.com has
announced a strategic restructuring organizing on a business unit
basis including Publishing, Internet, Software, Broadcast, Sales and
Marketing, and Technology. This operational restructuring also
includes the layoff of 22 of its 108 employees. Management changes
include the promotions of Dr. Andrew Schwab from Vice President,
E-commerce to Senior Vice President, Internet, responsible for all
Internet properties and operations including the company's principal
Web site, www.SPACE.com; and Alan Ladwig, current Director of
Washington Operations to Vice President. Barry Frey, Senior Vice
President, Global Sales and Sponsorship adds marketing to his
sponsorship and sales responsibilities. Sally Ride recently resigned
as President.
The web site was
launched in July 1999. Over the past year, SPACE.com has acquired
several space-related Web sites including SpaceWatch.com,
Starport.com, RussianSpace.com and Explorezone.com. In May, the
company announced its international expansion with the acquisition
of Sienna Software, the Toronto-based publisher of Starry Night, the
leading amateur astronomy software line. Most recently, the company
launched SPACE Illustrated magazine, and acquired Space Business
International magazine, a London-based business to business
publication.
SPACE.com
is headquartered in New York City with offices and news bureaus in
Washington D.C.; Cape Canaveral, Fla.; Houston, Texas; Pasadena,
Calif.; Cary, N.C.; Toronto, Canada; London, UK and Tokyo, Japan.
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to the space professional. SPACEandTECH Flash! is an internet push
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