Z.com Laid Off Not Laughing
On Monday, October 16, 2000, Z.com, an Internet comedy content site, laid off 50 workers -- half of its staff. However, the Webcaster has secured additional financing to keep it operating until at least next spring. The company's major backers include Internet incubator Idealab, Basic Entertainment, 3 Arts Entertainment, producer Jerry Bruckheimer and Maverick Records partner Guy Oseary. "It's a tough time," Z.com CEO Joe DiNunzio told THE DAILY VARIETY. "Today's a very challenging day to have to let some really talented people go, but it's in the best interest of the company.







