YTB Travel MLM Lays Off 25% of Corporate Employees?
I’ve heard from multiple sources that up to 40 people were layed off last Friday at YTB headquarters in Wood River, Illinois. Can anyone confirm this?
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YTB Travel 3rd Quarter Revenues Drop 62%
MSN Money: Total revenue for third quarter dropped 62 percent to $15.9 million, down from $42.2 million for the third quarter of 2008. YTB attributed the decline in revenue to a drop in the number of new Internet Business...
Read MoreCalifornia Attorney General Moves To Shut Down YTB Travel
This comes courtesy of Len Clements: California Attorney General Edmund G. Brown Jr. filed a lawsuit against YTB Travel (YTBLA.OB) yesterday seeking $25 million in fines and restitution, calling it a “gigantic pyramid scheme”. The suit was filed against YourTravelBiz.com,…
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