Texas firms starve as dot-coms drop

RICHARDSON, TX: Two of Texas' leading independent firms, Springbok Technologies and Vollmer PR, have made sizeable staff cuts, as the state's agencies collectively begin to feel the effects of a tightening PR market.

RICHARDSON, TX: Two of Texas' leading independent firms, Springbok Technologies and Vollmer PR, have made sizeable staff cuts, as the state's agencies collectively begin to feel the effects of a tightening PR market.

RICHARDSON, TX: Two of Texas' leading independent firms, Springbok Technologies and Vollmer PR, have made sizeable staff cuts, as the state's agencies collectively begin to feel the effects of a tightening PR market.

Springbok dropped eight positions in late January through attrition and what president Glenn Abel called 'preemptive moves.' Six jobs were cut in Richardson and two in Austin.

'The venture capital community is not investing dollars as fast as it was last year,' said Abel. Downsizing was a move to keep expenses in line with slower growth, he added.

Vollmer eliminated nine positions two weeks ago through attrition and layoffs, said VP Carolyn Mayo. The cuts affected all three of the firm's offices, in Houston, Dallas and Austin. Mayo linked the move to bad debts and a business slowdown across industries.

Other Texas agencies reported receiving a flurry of resumes recently, mostly from former employees of failed or sagging dot-coms, and noted that prospective and existing clients have tighter budgets.





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