....?!

Jan 06, 2009 12:07

Uh, so I leave for two days and now people are freaking out about layoffs and LJ "exploding" and needing to back-up LJ posts?! What the hell is going on? I'm so confused lol. What layoffs? Why do we need to back things up? AHH.

*cough*

Anyway, I'm with Lena now and greatly enjoying it. We went up to the mall and met up with a good handful of the ( Read more... )

real life, the joys of illness, i love my best friends

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bellipotens January 6 2009, 19:24:47 UTC
Gawker was reporting that 20 out of 28 employees were laid off, but the actual number is more like 12 or 13. I'm more inclined to believe a press release as opposed to Gawker, because Gawker is stupid and blows things out of proportion.

Press Releases
January 6, 2009
LiveJournal Inc. announced a restructuring today of their U.S. and Russian operations to more effectively manage costs in light of the global economic downturn.

LiveJournal Inc.'s headquarters, technical operations (and servers,) legal, administration, and customer service teams will remain in the United States. LiveJournal's global product development and design will now be coordinated out of its Moscow office. The pooling of resources between the U.S. and Russia will allow the company to build a stronger business model, well positioned to guarantee the long-term success of LiveJournal.

As a result of these changes, Matthew Berardo, VP and General Manager of LiveJournal Inc., will be leaving the company along with other valued colleagues. Mr. Berardo played the leading role in consolidating product and design efforts to enable the business to more effectively streamline costs during his tenure. LiveJournal Inc. will now be led jointly by Stephanie Gravelle, currently LiveJournal Inc.'s director of finance and administration, and Sergei Komarov, currently CTO of SUP (LiveJournal Inc.'s holding company).

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that_september January 8 2009, 02:56:55 UTC
Awww, okay, thanks. That explains a lot!

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