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	<title>Comments on: Internap Cuts Costs, Lays Off 45</title>
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		<title>By: BotchagalupeMarks for April 1st - 09:19 &#124; IT Management and Cloud Blog</title>
		<link>http://www.datacenterknowledge.com/archives/2009/04/01/internap-cuts-costs-lays-off-45/comment-page-1/#comment-3322</link>
		<dc:creator>BotchagalupeMarks for April 1st - 09:19 &#124; IT Management and Cloud Blog</dc:creator>
		<pubDate>Fri, 03 Apr 2009 04:44:26 +0000</pubDate>
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		<description>[...] Internap Cuts Costs, Lays Off 45 &#171; Data Center Knowledge - Internap Network Services (INAP) said today that it will lay off 45 employees, or about 10 percent of its workforce. The job cuts are focused in back-office staff functions, but also include &#8220;the elimination of certain senior management positions.&#8221; Internap, which specializes in colocation and Internet routing services, says the move will save approximately $5 million in annualized operating expenses. The company expects to take a one-time restructuring charge of about $1.2 million, most of which will be recorded in the first quarter of 2009. [...]</description>
		<content:encoded><![CDATA[<p>[...] Internap Cuts Costs, Lays Off 45 &laquo; Data Center Knowledge &#8211; Internap Network Services (INAP) said today that it will lay off 45 employees, or about 10 percent of its workforce. The job cuts are focused in back-office staff functions, but also include &ldquo;the elimination of certain senior management positions.&rdquo; Internap, which specializes in colocation and Internet routing services, says the move will save approximately $5 million in annualized operating expenses. The company expects to take a one-time restructuring charge of about $1.2 million, most of which will be recorded in the first quarter of 2009. [...]</p>
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		<title>By: Cloud Droplet #75 Riviera one day and Bombay alley next day &#124; IT Management and Cloud Blog</title>
		<link>http://www.datacenterknowledge.com/archives/2009/04/01/internap-cuts-costs-lays-off-45/comment-page-1/#comment-3282</link>
		<dc:creator>Cloud Droplet #75 Riviera one day and Bombay alley next day &#124; IT Management and Cloud Blog</dc:creator>
		<pubDate>Wed, 01 Apr 2009 16:54:19 +0000</pubDate>
		<guid isPermaLink="false">http://www.datacenterknowledge.com/?p=8901#comment-3282</guid>
		<description>[...] Internap Cuts Costs, Lays Off 45 [...]</description>
		<content:encoded><![CDATA[<p>[...] Internap Cuts Costs, Lays Off 45 [...]</p>
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