January 23, 2009 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

Blog at