LayoffBlog.com

January 23, 2009

Digg.com lays off 10% of its workforce

Filed under: IT,media,social network,US — 7macaw @ 4:32 pm
Tags: , , ,

The popular social news site, Digg announced on Thursday that it will cut off 10 percent of its 75 person workforce. The San Francisco Company stated that it aims to focus on developing an advertising infrastructure that will help it to get to profitability in 2009.

On the company blog on Thursday, Digg’s Chief executive, Jay Adelson confirmed a “headcount reduction in certain areas”. Jay Adelson wrote that the overall job cuts at the 75-person company will be “microscopic in size”.

Source: TopNews

3 Comments »

  1. Dear Mr. Adelson, You believe your layoffs are microscopic in size. Which leads me to believe that you think your employees are microscopic to your company. Who will now do the work of these employees? Some one in India, who won’t ask for benefits? You were ignorant not to see the error of your ways. To let go of dedicated worker’s, puts fear in to the minds of investors. Your company and your selfish behavior will damage itself. You should of thought of people instead of pure profit. I would not even consider using this company as a investment tool. Good Luck, hope your never seen as a microscopic head of the company.

    Comment by Anonymous — January 25, 2009 @ 12:03 am | Reply

  2. I’d hate to be that 8th guy, whose half will still have to stay at work.

    Comment by Anonymous — January 28, 2009 @ 10:29 am | Reply

  3. #2: I hear you, buddy! The good thing is that SFBA still has bunch of hiring web 2.0 startups

    Comment by Anonymous — January 28, 2009 @ 10:34 am | Reply


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