LiveJournal/our Russian overlords have
laid off 13 of 30 staff in the USA.
Valleywag has an "LJ is doomed" story with inaccurate numbers. It looks like
no_lj_ads is
collating links to other information.
synecdochic (who is involved in the
Dreamwidth project, designed as an LJ replacement) reckons
nothing dramatic will happen overnight, but engineering staff have apparently been cut, so
we might expect maintenance and new features to be neglected. Edited to add: LJ themselves are saying they're just
moving their development team to Russia, which would make sense if your aim is to cut costs: Russians are presumably cheaper than Americans.
The preferred LJ backup tool for Windows is apparently
ljarchive. Those of you who use operating systems can sort yourselves out.