ibill fired 50 employees - GoFuckYourself.com

whatif_3 · 10-12-2004, 02:42 PM

wont post the board link, but look at the front page of xbiz

"iBill has just terminated 50 people without notice."

"EuroCharge is correct. It's not a rumor."

very sad, i got my payment from them last week

bringer · 10-12-2004, 02:42 PM

and so starts the end of the wolrd

Juicy D. Links · 10-12-2004, 02:43 PM

Quote:

Originally posted by bringer
and so starts the end of the wolrd

polish_aristocrat · 10-12-2004, 02:44 PM

I didn't know they had so many employees to begin with. :-)

Holly · 10-12-2004, 02:44 PM

Bring on the hate.......

Steen2 · 10-12-2004, 02:46 PM

Quote:

Originally posted by polish_aristocrat
I didn't know they had so many employees to begin with. :-)

Nor did I.

MickeyG · 10-12-2004, 02:46 PM

anyone got some proof of this? All i see is a bunch of people with low post counts making the claims

scoreman · 10-12-2004, 02:47 PM

I think that leaves 110 nervous staff at iBill.

polish_aristocrat · 10-12-2004, 02:47 PM

Quote:

Originally posted by MickeyG
anyone got some proof of this? All i see is a bunch of people with low post counts making the claims

TDF · 10-12-2004, 02:47 PM

StuBradley · 10-12-2004, 02:48 PM

that's not good news.

loverboy · 10-12-2004, 02:49 PM

i see some lawsuit coming

whatif_3 · 10-12-2004, 02:50 PM

Quote:

Originally posted by MickeyG
anyone got some proof of this? All i see is a bunch of people with low post counts making the claims

fine, we will have amputate your head confirm this

Shoplifter · 10-12-2004, 02:51 PM

This day to day pummelling of Ibill merchants has got to stop. We need some solid rumour control now.

TSB · 10-12-2004, 02:53 PM

Quote:

Originally posted by whatif_3
"iBill has just terminated 50 people without notice."

Is that true they only had 51 employees? So you is staying?

*sorry I just couldn't resist*

bringer · 10-12-2004, 02:55 PM

Quote:

Originally posted by TSB
Is that true they only had 51 employees? So you is staying?

*sorry I just couldn't resist*

http://www.google.com/search.php=?en...0for%20dummies

tony286 · 10-12-2004, 02:56 PM

Quote:

Originally posted by loverboy
i see some lawsuit coming

For what? Companies let people go all the time. I worked for a company a dotcom one third of the staff was let go in one day. Their stock for at .39 a share now its at $14 . I kick myself for not buying $1000 worth.

whatif_3 · 10-12-2004, 02:58 PM

Quote:

Originally posted by tony404
For what? Companies let people go all the time. I worked for a company a dotcom one third of the staff was let go in one day. Their stock for at .39 a share now its at $14 . I kick myself for not buying $1000 worth.

scardog · 10-12-2004, 02:58 PM

Have you heard this Tony or Scoreman from a source from Ibill? I would not doubt it, as they are gonna take a huge hit from this issue. I believe they must be trying to make this company work, as othewise, they would release our rebill databases.

tony286 · 10-12-2004, 03:01 PM

Quote:

Originally posted by scardog
Have you heard this Tony or Scoreman from a source from Ibill? I would not doubt it, as they are gonna take a huge hit from this issue. I believe they must be trying to make this company work, as othewise, they would release our rebill databases.

I have not and I spoke to them today.

TheLegacy · 10-12-2004, 03:03 PM

I wouldnt panic from what i see - the ones that got fired were from their public relations department

whatif_3 · 10-12-2004, 03:05 PM

in all seriousness, this is probably a good move to make the company leaner to try to overcome this obstacle, paying salaries/health ins, at a time like this does not decrease the company burn rate

if true, its very sad when you think of all of the familes affected by this

its also amazing that ibill will not release cc databases upon request, i know of one person that was able to get it released from ibill, it took a lot of screaming and the threat of a lawsuit

scardog · 10-12-2004, 03:08 PM

I want them to continue to process. Keep the databases, as long as they will start processing them soon!

BigWebRev · 10-12-2004, 03:09 PM

the # was 49.

thats how many got let go, sorry to hear.

TSB · 10-12-2004, 03:10 PM

Quote:

Originally posted by bringer
http://www.google.com/search.php=?en...0for%20dummies

Your link doesn't work, please try:

http://www.google.com/search?hl=1&c2...es&btnG=Search

bringer · 10-12-2004, 03:12 PM

Quote:

Originally posted by TSB
Your link doesn't work, please try:

http://www.google.com/search?hl=1&c2...es&btnG=Search

it was a joke
http://dictionary.reference.com/search?q=sarcasm

TSB · 10-12-2004, 03:17 PM

Quote:

Originally posted by bringer
it was a joke
http://dictionary.reference.com/search?q=sarcasm

No offence taken

http://dictionary.reference.com/sear...20the%20finger

hagbard · 10-12-2004, 03:25 PM

Quote:

Originally posted by MickeyG
anyone got some proof of this? All i see is a bunch of people with low post counts making the claims

because, you know.... Juicy and them are always deadily serious due to their enormous amount of gfy freetime.

Look. I'm glad they're gone. They were morons and idiots the lot. THE DUMBEST employee at ccbill knows more about the internet / integration / scripting than the head of IT at ibill. Anyone who was with ibill, just call ccbill up and they'll hook you up. this just happened to me, so I know what I'm talking about

Oh wait. I must be lying as I have less than 5000 posts (you know... 3 hours a day of reading gfy instead of working)

bringer · 10-12-2004, 03:26 PM

Quote:

Originally posted by TSB
No offence taken

http://dictionary.reference.com/sear...20the%20finger

you're cool, wanna be my friend?

scoreman · 10-12-2004, 03:26 PM

A few thoughts on this guys.

First i think if iBill is cutting staff clearly that shows they are having liquidity problems. But keep this in mind, iBill had like 160 something staff members the last I heard. Back in the days when they use to process the same volume pre intercept days they ran it with 60 something staff members. I heard the staff reductions were imminent over there and I feel badly for the staff that were cut loose without notice. There were alot of good people at iBill and more than a few of them can probably say that I personally put them through the SCORE interrogation/meat grinder over the years and I hope they won't hold that against me. Just trying to get higher performance from you guys.

This ship is showing all the signs of taking on water. If you are with iBill and have not secured a new processing plan as a backup then you would be a fool to not do it immediately. In fact many would argue your already in a situation where you might not be able to process sometime in the near future. Honestly anyone running paysites that does not have backup processing running declines is leaving money on the table, but thats another issue.

Eurocharge seems to me to be a former iBill staffer. My guess its Edward Cherry. Edward left iBill in bad terms so take that for what its worth on intentions for his posting. Not that I necessarily disagree with alot of what he has said on Xbiz but knowing who is the man behind the posts sometimes gives them alot more meaning.

scardog · 10-12-2004, 03:27 PM

I belive the rumor is true. I can't see how they could stay fully staffed with millions of dollars being held by First Data. CCbill is a great company, but having Ibill in the game is important, IMO.

scardog · 10-12-2004, 03:32 PM

Quote:

If you are with iBill and have not secured a new processing plan as a backup then you would be a fool to not do it immediately.

You hit the nail on the head as far as processing new signups.

What are your thoughts on the Visa rebills? Have you got any insight on that issue Scoreman, and if so I would like to hear it.

Shap · 10-12-2004, 03:36 PM

Hey Scardog. With regards to the rebills i think the issue is simple. It has now been 15 days of not processing them Everyday your rebill database value decreases. Everyday your chances of processing october rebills decreases. I think once we hit the 3 week mark we can kiss october rebills goodbye.

scardog · 10-12-2004, 03:38 PM

If they don't process them in October, does that mean we kiss them goodbye forever?

Shap · 10-12-2004, 03:54 PM

Well that means we kiss goodbye a large chunk of revenue plus the possibility of not being able to charge them moving forward. The older your rebills are the less valuable the data.

scardog · 10-12-2004, 03:55 PM

I think you are right. Thanks Shap. Let's hope they can get it together real quick.

Doctor Dre · 10-12-2004, 03:58 PM

Ok that fucking sucks ...

Only 2 processors now

xclusive · 10-12-2004, 04:00 PM

This is probably just a strategic move you see it in mainstream all the time I think it's a good thing for the business actually...

stocktrader23 · 10-12-2004, 04:11 PM

Some of you guys are hilarious....

But she's got hiiiiiiigh hopes, she's got hiiiiiiigh hopes....

Shoplifter · 10-12-2004, 04:16 PM

Evidently they may have fired the guy who does the CMI announcement updates.

sincity · 10-12-2004, 04:18 PM

IBILL did fire 40 people but how can you be surprised. Business is down right now so they had know choice. It is done everyday by companies. Once they get their shit together they will hire some of these people back, if not all of them (IMO).

Some of you keep forgetting that they are paying some of you. If they were looking to fuck you they would not pay anyone. They would just close the doors.

tony286 · 10-12-2004, 04:19 PM

Quote:

Originally posted by sincity
IBILL did fire 50 people but how can you be surprised. Business is down right now so they had know choice. It is done everyday by companies. Once they get their shit together they will hire some of these people back, if not all of them (IMO).

Some of you keep forgetting that they are paying some of you. If they were looking to fuck you they would not pay anyone. They would just close the doors.

THank you

sincity · 10-12-2004, 04:21 PM

I edited my original post. They fired 40 people.

MikeVega · 10-12-2004, 04:26 PM

Quote:

Originally posted by hagbard
because, you know.... Juicy and them are always deadily serious due to their enormous amount of gfy freetime.

Look. I'm glad they're gone. They were morons and idiots the lot. THE DUMBEST employee at ccbill knows more about the internet / integration / scripting than the head of IT at ibill. Anyone who was with ibill, just call ccbill up and they'll hook you up. this just happened to me, so I know what I'm talking about

Oh wait. I must be lying as I have less than 5000 posts (you know... 3 hours a day of reading gfy instead of working)

Would i be crazy to think this guy may work for CCbill...

Sassy Girl · 10-12-2004, 04:28 PM

Quote:

Originally posted by MickeyG
anyone got some proof of this? All i see is a bunch of people with low post counts making the claims

That has got to be the idiot statment of the day. Are you in high school? Ohhhh, MickeyG doesn't wear designer jeans so he's not worthy of talking to!!!!

Grow up.

**disclaimer** This post was made by someone with a low post count so it's nothing but lies and conjecture. Read at your own risk!!

sincity · 10-12-2004, 04:31 PM

Sassy Girl....Are you located in Florida?

Gottis · 10-12-2004, 04:37 PM

If your company runs into the same kind of issues as iBill did, you might want to cut back on the number of employees in order to save the business. This is pretty much standard procedure.

Considering the fact that iBill actually began paying clients again, proves they're getting funds from somebody and somewhere. The real money is stuck at First Data and they're living off of these to the rescue funds.

Hopefully somebody posts on CMI soon.

stocktrader23 · 10-12-2004, 04:39 PM

Quote:

Originally posted by Jon Adolfsson
If your company runs into the same kind of issues as iBill did, you might want to cut back on the number of employees in order to save the business. This is pretty much standard procedure.

Considering the fact that iBill actually began paying clients again, proves they're getting funds from somebody and somewhere. The real money is stuck at First Data and they're living off of these to the rescue funds.

Hopefully somebody posts on CMI soon.

FirstData held a whopping 1 or 2 weeks worth of funds. Ibill would be fine if it weren't for no money, a shit ass situation, and the fact that they are going to lose even more of their declining client base.

Mr Dickovitch · 10-12-2004, 04:53 PM

Quote:

Originally posted by stocktrader23
FirstData held a whopping 1 or 2 weeks worth of funds. Ibill would be fine if it weren't for no money, a shit ass situation, and the fact that they are going to lose even more of their declining client base.

Do you even have a subscription site? Why are you the Ibill expert? From what I've read here you just make affiliate money from Ifriends.

stocktrader23 · 10-12-2004, 04:56 PM

Quote:

Originally posted by Mr Dickovitch
Do you even have a subscription site? Why are you the Ibill expert? From what I've read here you just make affiliate money from Ifriends.

It's all public info you overly optimistic fucktard.

Ibill said how much worth of funds were held.

Everyone knows how long they were in biz.

Everyone knows that Ibill Europe webmasters payments were withheld even though they operate seperately.

Everyone read Ibill say they are fucked withouth 3rd party.

Everyone can see the shit but you die hards that don't want to believe there are sharks in the water until your arm gets bitten the fuck off.

$1500 to process visa through your own merchant account?
Ignoring everybody?
Holding pay?
No Visa?

How many assfuckings do some of you want?

10-12-2004, 02:42 PM	#1
whatif_3 Registered User Join Date: Jul 2004 Location: Canada Posts: 459	ibill fired 50 employees wont post the board link, but look at the front page of xbiz "iBill has just terminated 50 people without notice." "EuroCharge is correct. It's not a rumor." very sad, i got my payment from them last week

10-12-2004, 02:42 PM	#2
bringer i have man boobies Join Date: Jul 2003 Location: van down by the river Posts: 13,082	and so starts the end of the wolrd __________________ 333-765-551

10-12-2004, 02:44 PM	#4
polish_aristocrat Too lazy to set a custom title Join Date: Jul 2002 Posts: 40,377	I didn't know they had so many employees to begin with. :-) __________________ I don't use ICQ anymore.

10-12-2004, 02:44 PM	#5
Holly Too lazy to set a custom title Join Date: Jun 2003 Location: Jesusland Posts: 10,017	Bring on the hate....... __________________ War National Damn Champions Eagle

10-12-2004, 02:47 PM	#8
scoreman Confirmed User Join Date: Nov 2001 Location: Miami, Florida Posts: 1,491	I think that leaves 110 nervous staff at iBill. __________________

10-12-2004, 02:46 PM	#7
MickeyG Confirmed User Join Date: May 2004 Location: South Florida Posts: 4,134	anyone got some proof of this? All i see is a bunch of people with low post counts making the claims

10-12-2004, 02:47 PM	#10
TDF Triple OG nigga on GFY Industry Role: Join Date: Mar 2002 Location: in the BP4L family compound Posts: 27,296	__________________ Sig heil

10-12-2004, 02:48 PM	#11
StuBradley Confirmed User Join Date: Jul 2002 Location: Las Vegas Posts: 2,625	that's not good news. __________________ 51-566-514

10-12-2004, 02:49 PM	#12
loverboy When it rains, it pours Industry Role: Join Date: May 2003 Posts: 20,609	i see some lawsuit coming

10-12-2004, 02:51 PM	#14
Shoplifter Richest man in Babylon Industry Role: Join Date: Jan 2002 Location: Posts: 10,002 Posts: 5,725	This day to day pummelling of Ibill merchants has got to stop. We need some solid rumour control now.

10-12-2004, 02:58 PM	#19
scardog Confirmed User Join Date: Aug 2004 Posts: 886	Have you heard this Tony or Scoreman from a source from Ibill? I would not doubt it, as they are gonna take a huge hit from this issue. I believe they must be trying to make this company work, as othewise, they would release our rebill databases.

10-12-2004, 03:03 PM	#21
TheLegacy SEO Connoisseur Industry Role: Join Date: Apr 2003 Location: Brantford, Ontario Posts: 17,099	I wouldnt panic from what i see - the ones that got fired were from their public relations department __________________ SEO Connoisseur Microsoft Teams: Robert Warren SEO Telegram: @TheLegacy54 RobertWarrenSEO.com

10-12-2004, 03:05 PM	#22
whatif_3 Registered User Join Date: Jul 2004 Location: Canada Posts: 459	in all seriousness, this is probably a good move to make the company leaner to try to overcome this obstacle, paying salaries/health ins, at a time like this does not decrease the company burn rate if true, its very sad when you think of all of the familes affected by this its also amazing that ibill will not release cc databases upon request, i know of one person that was able to get it released from ibill, it took a lot of screaming and the threat of a lawsuit

10-12-2004, 03:08 PM	#23
scardog Confirmed User Join Date: Aug 2004 Posts: 886	I want them to continue to process. Keep the databases, as long as they will start processing them soon!

10-12-2004, 03:09 PM	#24
BigWebRev Confirmed User Join Date: Aug 2004 Location: L A Posts: 1,631	the # was 49. thats how many got let go, sorry to hear.

10-12-2004, 03:26 PM	#30
scoreman Confirmed User Join Date: Nov 2001 Location: Miami, Florida Posts: 1,491	A few thoughts on this guys. First i think if iBill is cutting staff clearly that shows they are having liquidity problems. But keep this in mind, iBill had like 160 something staff members the last I heard. Back in the days when they use to process the same volume pre intercept days they ran it with 60 something staff members. I heard the staff reductions were imminent over there and I feel badly for the staff that were cut loose without notice. There were alot of good people at iBill and more than a few of them can probably say that I personally put them through the SCORE interrogation/meat grinder over the years and I hope they won't hold that against me. Just trying to get higher performance from you guys. This ship is showing all the signs of taking on water. If you are with iBill and have not secured a new processing plan as a backup then you would be a fool to not do it immediately. In fact many would argue your already in a situation where you might not be able to process sometime in the near future. Honestly anyone running paysites that does not have backup processing running declines is leaving money on the table, but thats another issue. Eurocharge seems to me to be a former iBill staffer. My guess its Edward Cherry. Edward left iBill in bad terms so take that for what its worth on intentions for his posting. Not that I necessarily disagree with alot of what he has said on Xbiz but knowing who is the man behind the posts sometimes gives them alot more meaning. __________________

10-12-2004, 03:27 PM	#31
scardog Confirmed User Join Date: Aug 2004 Posts: 886	I belive the rumor is true. I can't see how they could stay fully staffed with millions of dollars being held by First Data. CCbill is a great company, but having Ibill in the game is important, IMO.

10-12-2004, 03:36 PM	#33
Shap Confirmed User Industry Role: Join Date: May 2001 Posts: 8,313	Hey Scardog. With regards to the rebills i think the issue is simple. It has now been 15 days of not processing them Everyday your rebill database value decreases. Everyday your chances of processing october rebills decreases. I think once we hit the 3 week mark we can kiss october rebills goodbye.

10-12-2004, 03:38 PM	#34
scardog Confirmed User Join Date: Aug 2004 Posts: 886	If they don't process them in October, does that mean we kiss them goodbye forever?

10-12-2004, 03:54 PM	#35
Shap Confirmed User Industry Role: Join Date: May 2001 Posts: 8,313	Well that means we kiss goodbye a large chunk of revenue plus the possibility of not being able to charge them moving forward. The older your rebills are the less valuable the data.

10-12-2004, 03:55 PM	#36
scardog Confirmed User Join Date: Aug 2004 Posts: 886	I think you are right. Thanks Shap. Let's hope they can get it together real quick.

10-12-2004, 04:00 PM	#38
xclusive Too lazy to set a custom title Join Date: Apr 2004 Location: Buffalo, NY Posts: 35,218	This is probably just a strategic move you see it in mainstream all the time I think it's a good thing for the business actually... __________________ I support MediumPimpin.com / Shemp's Outlawtgp.com /

10-12-2004, 04:11 PM	#39
stocktrader23 Let's do some business. Industry Role: Join Date: Jan 2003 Location: The dirty south. Posts: 18,781	Some of you guys are hilarious.... But she's got hiiiiiiigh hopes, she's got hiiiiiiigh hopes.... __________________ Hands Free Adult - Join Once, Earn For Life "I try to make a habit of bouncing my eyes up to the face of a beautiful woman, and often repeat “not mine” in my head or even verbally. She’s not mine. God has her set aside. She’s not mine. She’s His little girl, and she needs me to fight for her by keeping my eyes where they should be."

10-12-2004, 04:16 PM	#40
Shoplifter Richest man in Babylon Industry Role: Join Date: Jan 2002 Location: Posts: 10,002 Posts: 5,725	Evidently they may have fired the guy who does the CMI announcement updates.

10-12-2004, 04:18 PM	#41
sincity So Fucking Banned Join Date: Sep 2004 Posts: 111	IBILL did fire 40 people but how can you be surprised. Business is down right now so they had know choice. It is done everyday by companies. Once they get their shit together they will hire some of these people back, if not all of them (IMO). Some of you keep forgetting that they are paying some of you. If they were looking to fuck you they would not pay anyone. They would just close the doors. Last edited by sincity; 10-12-2004 at 04:20 PM..

10-12-2004, 04:21 PM	#43
sincity So Fucking Banned Join Date: Sep 2004 Posts: 111	I edited my original post. They fired 40 people.

10-12-2004, 04:31 PM	#46
sincity So Fucking Banned Join Date: Sep 2004 Posts: 111	Sassy Girl....Are you located in Florida?

10-12-2004, 04:37 PM	#47
Gottis Confirmed User Join Date: May 2004 Location: VIP NO ID Posts: 1,746	If your company runs into the same kind of issues as iBill did, you might want to cut back on the number of employees in order to save the business. This is pretty much standard procedure. Considering the fact that iBill actually began paying clients again, proves they're getting funds from somebody and somewhere. The real money is stuck at First Data and they're living off of these to the rescue funds. Hopefully somebody posts on CMI soon.