mashable.com - 1/22/2009
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In a sign that the economy is impacting even the most successful of startups, Digg has announced that it’s reducing staff and focusing on becoming profitable.
While Digg is cutting a rumored 10% of its current staff, they are also hiring a direct sales team to try and beef up revenue. CEO ...
weblogs.hitwise.com - 1/20/2009
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weblogs.hitwise.com —
January 20, 2009 Twitter catches up to Digg
Twitter has become a popular pastime for many who...
like to update their daily thoughts and activates, as well as for the voyeurs who just enjoy reading the tweets. Last week, the market share of visits to ...
(more)
Hitwise Intelligence - Heather Dougherty - US: Twitter ...
blog.digg.com - 1/22/2009
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blog.digg.com —
Hey all, Wanted to reach out to folks
with an update on Digg and our priorities for...
2009 as well as address some of the recent speculation about our business. As we’ve often stated over the past couple of months, given the current economic climate, ...
(more)
Brief update on Digg
news.cnet.com - 1/22/2009
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news.cnet.com —
CEO Jay Adelson on Thursday morning is announcing
that the social media site is laying off a...
"very small" portion of its workforce, but will also be hiring a new direct sales force and head of sales to drive the company to profitability this year. ...
(more)
Digg to cut workforce 10%, hire new sales team | Webware
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Digg Prepares For Job Cuts, Expanded Sales Focus
The Inquisitr » Technology —
... that will help build on our leadership position and get us to profitability faster. This includes hiring a direct sales team, in addition to other targeted hires in 2009.”
Digg, you may remember, announced a major expansion plan last September to coincide with its $28.7 million in fresh funding. The plan included the creation of 75 new positions and a move to a new office.
It’s not clear how many positions will now be eliminated, though rumors suggest the figure may be in the 10 percent range.
Adelson says his focus for the ...
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