LJ lays off over 70% of staff

[ciphergoth]

20 of LiveJournal's 28 staff laid off (propogated from dennyd; Valleywag may not be a reliable source)

That's what I should have done over the holidays - started building a lifeboat...

Update: Another report says 13 out of 30 staff; this post is collating links (propogated from pw201 via palmer1984).

Comments

[dennyd.livejournal.com]

Perhaps you should read the bits on their site which I reference in the last paragraph then. They do appear to have given that stuff some thought, I'm just not particularly interested in it personally so I can't give you any detail.

[dennyd.livejournal.com]

http://dreamwidth.org/principles.html has shiny words of admittedly vague good intentions.

I can't find the bits of the mailing list where this stuff was discussed in more detail right now, and it's possible that some of what I remember was from the early IRC discussions anyway.

It could all still go hideously wrong, of course, but at least it sounds like they're going to try to avoid it doing so. *shrug*