Ho, Shit

[elfs]

Livejournal slashes network admins down to the bone.

LiveJournal, the San Francisco-based arm of Sup, a Russian Internet startup, has cut about 20 of 28 employees – and offered them no severance, we're told.

The company's product managers and engineers were laid off, leaving only a handful of finance and operations workers – which speaks to a website to be left on life support. Matt Berardo, a Yahoo executive hired on last summer, is also believed to be gone.

The quirky site, part blog and part social network, is best known for its users' weird obsessions.

Valleywag occasionally gets things wrong, but this does not bode well. Bradfitz, where are you when your people need you in their hour of need?

[Hat tip to Charlie Stross]

Comments

[sirfox.livejournal.com]

this makes me kind of glad i never got around to buying a permanent account.

[gromm.livejournal.com]

Looks like it's time for backups then.

[codeamazon.livejournal.com]

What would you suggest for that these days? I remember getting some tool that downloaded the XML so I could manipulate it locally for court a few years back, but haven't thought about it since...

[whipartist.livejournal.com]

Completely true. One of the employees is on my friends list, and I heard about it from her yesterday.

I don't know how much of their ops staff is in Russia or elsewhere, though. It was only the SF office that was cut.

[featheredfrog.livejournal.com]

We're not his people. Haven't been since SA sold us down the river to the rooshans

[sianmink.livejournal.com]

http://news.cnet.com/8301-13577_3-10132684-36.html?tag=newsCategoryArea.3