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

[deviblue.livejournal.com]

if true i wouldn't give it long before this place starts falling apart.

[yoyoangel.livejournal.com]

What do you recommend for archiving one's LJ, then? Just in case...