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Women.com Cuts 25% of Staff

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Women.com

(WOMN)

, a Web site catering to various women's issues, cut 85 jobs, or nearly 25% of its staff, in an effort to reduce operating costs and become profitable.

The job cuts affect employees in San Mateo, Calif., New York and other U.S. locations and are the first staff reductions since the company's inception in 1992.

Women.com plans to comment on expectations for earnings, revenue and operating expenses for 2001 by the end of the year.

The company's stock was recently down 3 cents, or 8%, to 38 cents in afternoon trading.