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Walker Digital Lays Off More than 100, But Says It Won't Downsize Office Space

STAMFORD, CT-Walker Digital Corp., a firm that has helped launch such dotcom operations as Priceline.com has initiated a restructuring program that involved the layoff of 100 of its 135 corporate headquarters employees.

By John Jordan | Updated on November 22, 2000

STAMFORD, CT-Walker Digital Corp., which helped give birth to such dotcom ventures as Priceline.com, has fired 100 of its 135 corporate headquarters staff at 5 High Ridge Park. However, a company spokesman says it has no plans to vacate or downsize its office space operations here and in New York City.

Kevin Goldman, a spokesman for Walker Digital, says that the company laid off approximately 100 corporate headquarters employees as part of a restructuring program. However, he notes that the company will not downsize its office operations. The company occupies approximately 40,000 sf of space here.

“Walker Digital after an extensive internal review is restructuring its headquarters staff to allow the company to focus more efficiently on its core functions–specifically its invention laboratory, the licensing of its intellectual property portfolio and the commercialization of several businesses already in development,” Goldman says.

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