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  September 5, 2001
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Home > Company Index > Diversified Services > Marketing & Public Relations Services > coolsavings.com inc.

coolsavings.com inc.
Nasdaq: CSAV
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 NEWS FROM THE WIRES
CoolSavings.com cuts 26 pct of staff
Aug 01 2001 11:01 AM PDT

More WIRE STORIES about this company

 PROFILE
If you need an incentive to shop online, coolsavings.com may have an offer you can't refuse. The online marketer maintains a Web site featuring a variety of special offers and savings on a range of goods and services from its advertisers. The company uses demographic information from its more than 14 million registered users to help its advertisers design targeted marketing campaigns and promotions. To improve its bottom line, coolsavings.com cut about 25% of its workforce in 2001. Australian financial services firm Lend Lease owns about 28% of the company; director Richard Rogel owns nearly 20%.

 COMPETITION
MyPoints.com, Inc. (dossier)
Netcentives Inc. (NCNT)

 DEALS
Deal: Coolsavings.com Secures $15 Million
Date Announced: 07.31.01
Value of transaction (US $Mil): 15
Description: Online promotional incentives company raises $15 million in loans and financing from Landmark Communications.

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 TRACKERS
Aug. 01, 2001 - LAYOFF TRACKER
47 laid off
Description: Layoffs represent 26% of its staff.

Feb. 01, 2001 - LAYOFF TRACKER
33 laid off
Description: Layoffs represent 10% of its staff.

More LAYOFF NEWS

 STOCK ANALYSIS
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FURTHER ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 39.90
1-Yr. Sales Growth: 209.3%
Employees: 285
Revenue per employee: $140,000.00

 KEY PEOPLE
• Steven M. Golden
    CEO
• Paul Case
    CFO

 CONTACT INFO
360 N. Michigan Ave., Ste. 1900
Chicago, IL 60601
US
Phone: 312-224-5000
Fax: 312-224-5001
Online: Web Site

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