Oh, feh.

[heidi8]

You may have already seen this, but from Valleywag at Gawker: [LiveJournal's] product managers and engineers were laid off, leaving only a handful of finance and operations workers - which speaks to a website to be left on life support. Matt Berardo, a Yahoo executive hired on last summer, is also believed to be gone.

CNET sounds slightly less

Comments

[momebie]

I just followed you on twitter. :)

And I don't know. I don't think we have anything to worry about over night. I think it's mostly a reaction to the economy, not to LJ and it's user base itself. My building has lost about 800 people in the last year to lay offs and we're still publishing text books. Things go on.

[dancinbutterfly]

*hugs you* hi fellow voice of calm and reason. Its nice to see I'm not alone.*hugs more*

[momebie]

*smoosh* My flist has been worried over it, albeit not as much as when I was in the HP fandom more heavily. I think a deep breath is what we need right now though. Anything is possible, yes, but it's not personal.

[dancinbutterfly]

I dont think them shutting off the server is even LIKELY. I think improvements will vanish but lord, people, I dont think the site is going anywhere.

[dancinbutterfly]

I doubt they're going to turn off the servers and i wish everyone would just calm the fuck down. Look, it sucks they fired all these people and probably, its some russian jumping ship. But as I said, I dont fucking think that they're going to turn it off I REALLY dont. I think there will be no new anything but lord. I dont think that means they're going to turn it off either. Not without warning.

[pinguthegreek]

I'd be pissed off because it would make me feel stupid for having a permanent account.

[effervescent]

Me too. -sighs- People are all 'oh, we can just back up and go elsewhere!' But the thing is... There's a scattering that would happen. You can already see it when people talk about where they would go. There's Inksome, Journalfen, Insanejournal, Dreamwidth... Four, and that's just off the top of my head.

People all have their grievances with LJ, but somehow we're all grouped together, here - but the factions are strong enough that everyone wants to go in nine different directions if we split up.

Eh. Will see, I guess. But of all things that have happened, this is the one that has me the most worried. It makes me think they're planning on re-selling, or that the site will just be left on hold in the meantime. How long will the money from the permanent account sale keep them going?

[misscake]

According to a lot of the links here, Valley Wag's numbers are a bit off. But not by much.