LiveJournal layoff

[breyten]

Originally published at breyt. You can comment here or there.

From ValleyWag:

LiveJournal, the San Francisco-based arm of Sup, a Russian Internet startup, has cut about 1220 of 28 employees - and offered them no severance, we're told. (...) The company's product managers and engineers were laid off, leaving only a handful of finance and

Comments

[crschmidt]

The number was wrong. (I've seen numbers of '13/30 US Staff' from people I trust a lot more, but.) 13 is still a lot of people to have to let go, though; cutting deep sucks.

[breyten]

13 sounds like a much saner number. Still though indeed.

[breyten]

No, I don't think so. Still in capable hands. But interesting nonetheless, and worth knowing what is happening with LJ. (I wonder when they'll figure out that communicating these things in an open fashion is better for them -- this caused a lot of turmoil on twitter yesterday, and all they could come up with was http://livejournalinc.com/press_releases/20090106.php :))