Live Journal Slashes Staff Down To 8

Live Journal has slashed its staff of 28 employees to a mere 8. Those being given a pink slip are not receiving a severance package either.

LiveJournal was founded by Brad Fitzpatrick in 1999. Some of the software he created is used on Facebook and other sites. Fitzpatrick wasn’t able to turn the blog into a big business so he sold it to Six Apart.

Six Apart wasn’t making a bundle either. Not until they sold it for to Andrew Paulson, the founder of Sup, for $30 million a little over a year ago.

The eight left behind are finance and operations workers.

Other Web publishing groups that recently laid off staff include Gawker, Nielsen and Crain Communications

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