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Foster City, 2001 Timeline Saturday, April 21 Bookmark and Share     Author
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Webvan CEO resigns
World News (12) USA (335) California (187) Bay Area (11) Peninsula (1080) Central San Mateo County (175) Foster City (65) 2001
Business (11) Accidents (4) Science & Education (1) Crime (1) Webvan (7)
Foster City, January 2001 Foster City, February 2001 Foster City, March 2001 Foster City, April 2001 Foster City, May 2001 Foster City, June 2001 Foster City, July 2001 Foster City, August 2001 Foster City, September 2001 Foster City, October 2001 Foster City, November 2001 Foster City, December 2001
Inktomi (2)   Visa (25)   Webvan (7)   Foster City, 2001   U.S. in April, 2001 (50)
Visa Plans to Slash 160 Jobs
Webvan Revenues Down  Quarter revenues will be short of expectations, but loss to be smaller than forecasts 4,400 Without Power  Underground equipment failure. Underground Explosion  Electrical explosion left some residents without power and slowed traffic for 5 hours   Teachers Say No to Extra Hours  Teachers are refusing to work outside of regular hours. Salary negotiations with a state mediator Union vs. Webvan  Union activists have filed charges saying Webvan's policies restrict organizing at its Oakland warehouse Inktomi will lay off 250

January 2001 ... more > Top ^

February 2001 ... more > Top ^

April 2001 ... more > Top ^
  Business eroded much faster than management anticipated
  The layoffs will eliminate duplicate jobs at Inovant, the subsidiary spun off
  Shaheen, 56, stepped down. Swan, chief operating officer, will run the company until new CEO
Apr.26   Webvan Names CEO
  Internet grocer would shut its Atlanta operations and cut a quarter of its work force, 485 jobs

May 2001 ... more > Top ^
May.6   Vandals slashed tires
  Vandals slashed the tires of 37 parked vehicles in a residential area May.13   2-alarm fire caused $100K damage  No one was at million-dollar home at the time the fire was reported by a neighbor

June 2001 ... more > Top ^
Jun.29   Webvan stays on Nasdaq
  Online grocer last-ditch effort receives shareholder approval

July 2001 ... more > Top ^
Jul.9   Webvan closes, lay off 2,000
  Online grocer would file for Chapter 11 bankruptcy. It never came close to making money
Jul.13   Webvan files for Chapter 11
  Online groce plans a sale of its business and assets

October 2001 ... more > Top ^
Oct.3   Webvan to sell warehouse to Kaiser
  Kaiser Permanente won the bidding war to take over the warehouse, equipment and software

December 2001 ... more > Top ^
Dec.12   Ruptured gas main shuts Visa building
  Visa employees were evacuated from the company's 3 buildings

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