Thursday, January 15, 2009

Online Sites Will Not be Immune to Advertising Slowdown

Online newssites are not immune to the ad slowdown.

According to ValleyWag, the Gawker-owned Silicon Valley gossip site, “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.”

Expect more layoffs from this part of the sector.

No comments: