A Company That Offers an Online Library Lays Off Half Its Employees

November 30, 2001

Questia Media laid off half of its staff members this month. The company, which operates a database of nearly 70,000 e-books, has been trying to market its services to undergraduates, high-school students, and even some college libraries. However, the subscriptions — at $19.95 a month — have not sold as well as company officials had planned.