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THIS is not good. :-(

The bubble in social networking has burst, decisively. 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.

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toestastegood
Jan. 6th, 2009 05:05 pm (UTC)
I've heard some people saying the numbers are more like 13 employees let go with 17 remaining but... Yeah, this doesn't look very good. Where do you think people will migrate to if LJ implodes? GreatestJournal? I think I have an account there.

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