HKCyber.com (8118) to cut more than 10 jobs

HDCyber.com(8188) announced to simplify the executive structure from May,1 and cut more than 10 editorial and technical staff .The company also said that they would strenghen news, horse-racing ,sports and entertainment pages.Separately, Skynet (International Group) Holdings Ltd. (0577) shareholder Shiu Yeuk Yuen will no longer be involved in the operation of Cyber Daily.HDCyber.com stocks saw slidding in the morning session to close at HK$0.42, shedding 28.8%, or HK$0.017.

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