Yodle Web.com, Inc., a New York-based online marketing firm, is laying off 100 employees from its Austin operations, according to a letter sent to the Texas Workforce Commission.
The layoffs of the 100 Austin employees will begin Dec. 31 and will be permanent, according to Yodle’s WARN letter to the workforce commission. WARN stands for the Worker Adjustment and Retraining Notification Act, and is a federally mandated notice employers must provide to state governments in the event of major layoffs. The letter, dated Nov. 15, is signed by Scott Rylander, Yodle’s director of human resources. As of July, Yodle had about 650 employees in Austin, according to the company.
In March, Yodle was sold to Web.com Group in a deal worth roughly $340 million. The letter to the workforce commission did not say whether the merger had any effect on the Austin staff reductions.
Yodle debuted in Austin in May 2011 when it acquired Austin-based ProfitFuel Inc., and had grown rapidly in Central Texas.
The company in 2012 signed a lease for nearly 100,000 square feet of office space at Plaza 35 on North Interstate 35 near Braker Lane and Metric Boulevard. At that time, company executives said they planned to grow to as many as 800 employees in Austin.
Calls to Yodle Web.com for more information on Monday were not immediately returned.
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