Advertisement

Lay-off plan under way at CyberWorks

2-MIN READ2-MIN

Pacific Century CyberWorks has laid off 20 staff working on Netvigator portals in Taiwan, Malaysia and Canada as part of a restructuring of consumer Internet services.

CyberWorks announced two weeks ago that 340 workers in Hong Kong would be laid off next month as the company tries to cut costs and find ways to make money with its portal strategy.

The Netvigator Web sites in Hong Kong and elsewhere will stay operational until July 31, and continue to provide free e-mail service until then. CyberWorks does not provide Internet access service to Taiwan, Malaysia and Canada.

Advertisement

Netvigator services for paid subscribers in Hong Kong will not be affected.

The decision to shut down Netvigator and lay off staff, mostly from content-related positions, and keep the ailing Network of the World (Now) service, formerly based in London, had raised some eyebrows.

Advertisement

According to Internet research firm Iamasia, Netvigator has a 31.8 per cent reach in Hong Kong and has been rated consistently in the top 10 local sites, whereas now.com has less than 2 per cent reach.

Now was criticised when it was launched in June last year for producing content to which audiences in Asia could not relate. CyberWorks chief executive Richard Li had promised Now.com.hk would feature diverse and localised content.

Advertisement
Select Voice
Select Speed
1.00x