CruelWorld, Formerly CareerCentral, Lays Off Staff, Say Sources

CruelWorld, the Sunnyvale, CA company that got its start as MBACentral.com, expanded to CareerCentral.com and most recently took the moniker of CruelWorld.com is undergoing a "massive staff reduction," according to sources. The reason, according to sources: "an expected merger/investment falling through at the last minute." Calls to the company's headquarters were not returned at press time.