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From the picture bank
Hoovers UK shuts office
2001-09-25 admin
Virtual management is a must for internet companies
26 September 2001
Another company realised that they hardly need premises overheads.
Hoover's Online Europe is closing its London office and it is going to test ‘a new approach’ to rapidly and cost effectively expanding its business globally.
European operations will be handled from the US and through independent sales agencies in Europe. Russell Secker, Director of Operations and Finance ("COO") of Hoover's Europe, will relocate to Austin where he will serve as Senior Vice President of Product Management, with additional responsibility for global expansion..
"We've had a great response to Hoover's since we launched here a year ago, and the alliances we've formed with stars of the European media landscape like FT.com have helped us to build the foundations of a substantial European business," says Gehan Talwatte, MD, Hoover's Online Europe. "Closing our London office was a tough decision but we believe consolidation is in the best interest of our customers, partners, shareholders and remaining employees."
www.hoovers.com
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