Layoffs rumoured At IAC's Ask, Again* (IACI)

Will Barry Diller shuffle the ranks at his Ask.com search engine soon? “This place was buzzing today that there will be layoffs here soon,” an anonymous Ask employee tells Valleywag.

That’s the second time the site has reported Ask.com layoff rumours this month. Earlier, the site reported a “big shakeup” on the way, including changes in “product lineup and company direction.”

We don’t have any information to support the rumours, but we’ll note that things are a bit crazy at IAC (IACI) now, including massive, messy corporate restructuring and senior management changes.

Update: PaidContent’s anonymous source confirms “about 100 layoffs” around April.

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.