As has been reported, we had staff cuts at LiveJournal Inc. this week. Early media reports seriously exaggerated the impact of the decision on the continued existence of LiveJournal as a company and misrepresented the scope of the staff cuts. The cuts were part of a restructuring that shifted global design and product development to the LiveJournal
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Edit: It's worrying that the employees were terminated without warning or severance. The fact that LJ would treat their valued employees so poorly does not bode well for how they will treat their customers in the future.
I'm not saying LJ is going to shut down or anything, but we may see them get rid of Basic accounts without warning or raise Paid Account prices substantially without warning, or other negative changes. And there would obviously be no communication or input from users.
What else is new.
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But why were employees terminated so suddenly without any severance?
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