Oversee.net, the parent company of DomainSponsor, Moniker, Snapnames and DomainFest has layed off another round of employees today. Rumor has it that about 15% 18% (39 people) of the current workforce were affected according to Mason Cole, Oversee.net VP of Communications.

On DomainNameWire Mason Cole stated:

Oversee is reorganizing its businesses because it expects a very difficult economic environment in 2009. As part of the reorganization, we have had an 18% reduction in force, including some managers.

Oversee will focus over the next year in the areas where it has a leadership position. Going forward, areas of focus include: Domain name monetization, Domain name aftermarket, Registrar, and Travel.

Accordingly, we’ve discontinued activity or investment in areas that aren’t as promising (mortgage, for example). The reduction is a result of the refocusing on key areas.

In August of 2008 Oversee.net had layed off 10% of their staff.