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- Memo from Nick Denton says 16 of the 133 editorial employees to be laid offValleywag: Valleywag cuts 60 percent of staff (October 3, 2008)
- Bonus payments are also being suspendedValleywag: Valleywag cuts 60 percent of staff (October 3, 2008)
- Lay offs means higher base salaries and 10 new employees to successful Gawker blogsValleywag: Valleywag cuts 60 percent of staff (October 3, 2008)
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Managing editor Nick Denton of blogging media network Gawker announced that the company will be laying off 19 off their 133 editorial staff. Gawker Media manages and publishes some of the most popular blogs on the internet, including Gizmodo, Kotaku and Lifehacker. A memo from Nick Denton sent to Gawker employees said that the savings earned from the lay offs will mean increased base pay and 10 new employees hired to the most commercially successful Gawker blogs.
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Quotations
- "You can guess the reason for these brutal measures: the recession."Valleywag: Valleywag cuts 60 percent of staff (October 3, 2008) -- Nick Denton
- "The site leads and writers on all of our sites have done exactly what we asked them to: work harder than the competition and grow the audience. It's my commercial judgment that's been at fault."Valleywag: Valleywag cuts 60 percent of staff (October 3, 2008) -- Nick Denton
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Gawker Layoffs Questions
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History of AOL Layoffs 2 AnswersBoomtown announced on January 28, 2009 that AOL, which is one of Time Warner online units, is cutting 700 employees, approximately 10 percent of its workforce. ... read more -
What is the business strategy behind the latest Gawker.com blog redesign? 7 AnswersGawker.com it's not the only one who has changed, the whole network changed. I follow lifehacker.com alot, and they now have the same design. What changed? They... read more -
The time lapse program Gawker wont recognize my xbox usb camera on my macbook, but it gets recognized on my imac. How do I fix this? 1 AnswerThe Macbook doesn't have support for all only-USB no-energy devices, such as the Xbox camera. Sometimes it just doesn't work, sorry. It is not software related ... read more -
Considering all the layoffs recently at General Electric, was a Super Bowl ad a wise use for resources? 4 AnswersThe fact that GE owns NBC, and NBC took in a very large amount of money from this year's Super Bowl definitely answers the question. "Yes" NBC made a killing... read more
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