technorati.com - 11/25/2008
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There’s not much I can say about the economy that hasn’t been said a hundred times already. We’re facing the worst crisis of our lifetimes, and no one can say with certainty what lies ahead or how long it will last.
In spite of these challenging times, Technorati’s prospects ...
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Technorati Lays Off Six, Cuts Pay For Rest
TechCrunch —
... Technorati just announced on its official blog that the company has decided to lay off six employees as the result of generally poor economic conditions. Management is also taking a 10-15% pay cut, while all other surviving employees are getting their paychecks cut down by 10%. ...
Technorati slashes workforce, cuts pay
Webware.com —
... Responding to what he believes is a worsening economic climate, Technorati CEO Richard Jalichandra said in a blog post that deciding to lay off employees was difficult because of the "high performers who have worked long hours to get us where we are now. They're also friends, and we're very sad to see them go." He claims that Technorati needed to become a "leaner" organization to confront 2009's challenges. ...
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