"Restructuring" "Global Economic Downturn" -- BS, I want my LJ!

[triannamaxwell]

For the continuing drama of the purge carried out at livejournal headquarters earlier this week, tune in now for the official Livejournal press release... which doesn't really say anything.

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

Comments

[porcelain72]

Why is this bullshit? Given the current economic climate I don't think it's particularly unusual that they need to make cutbacks.

[triannamaxwell]

I actually think it's bad management practices like the first article suggested, because it is honestly very difficult to get any revenue out of a site like LJ. Certainly some of it is the economy straining at it, but the bs-call is more about how this article only addressed that one CEO got booted and ignored the other staff members that got laid-off as well.

What I am referencing: http://valleywag.gawker.com/5124184/the-russian-bear-slashes-a-social-network

[porcelain72]

Ah yes, I'll agree that it sucks that they didn't bother to mention the other folks that got affected by this. That's usually the case, unfortunately. "Forget the little people, what's the CEO going to do for money??"

[selenityk]

I hope LJ doesn't shut down. I have too much invested in this site. :(

[ayajedi]

I feel you bb

[natscookiejar]

i dont understand whats going on.
can someone sum it up please? =]

[metropolis22786]

VP and General Manager of LiveJournal Inc., will be leaving the company along with other valued colleagues.

This comment?

Is a test for echo.

Because how many times have we heard that over the last six months.

We're gonna sack the GM because it saves us money in these hard, troubled times.

Edit because I can spell, really.

[orbitaldiamonds]

LOVE for your icon. JimmyBuffettYay!