Oversee.net has recently announced that they are firing 13 percent of its workforce .
Here is the announcement :"As part of its plan to address new growth opportunities, Oversee.net has realigned its work force resulting in a staff reduction of 13 percent. These moves, along with pending new hires, will allow the company to leverage core assets to innovate more effectively, improve competitive positioning and achieve growth."
The announcement came after Oversee President ,Jeff Kupietzky and other Oversee executives decided also to leave the company.
Oversee is the parent company of Moniker,SnapNames,DomainSponsor and DOMAINfest Global .
As revealed in the announcement,the company will make some new hiring .
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