news.cnet.com - 1/22/2009
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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. The overall job cuts at the 75-person company ...
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
kara.allthingsd.com - 1/22/2009
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kara.allthingsd.com —
Digg, the San Francisco-based news discovery service and
one of Web 2.0’s more prominent start-ups, said in...
its company blog today that it would cut its 75-person workforce by 10 percent. In addition, Digg noted it would be aiming to cut ...
(more)
Digg to Cut 10 Percent of Employees; Says It Will Try to ...
Comments
Blog Reactions
Digg not digging the economy, cuts 10 percent
VentureBeat —
Popular news aggregator Digg is laying off 10 percent of its 75 person workforce. Chief executive Jay Adelson announced a “headcount reduction in certain areas” this morning on the company blog, and gave the 10 percent estimate to Webware’s Rafe Needleman.
It seems a bit disingenuous for Adelson’s to call the cuts “microscopic in size,” but they certainly don’t sound catastrophic; Digg is hardly alone in feeling the effects of the economic downturn. Just ...
Digg Cuts 10 Percent Of Staff, But, Hey, They'll Hire A Direct Sales Team
paidContent —
... ; WebWare's Rafe Needleman confirmed the percentage. Adelson said the layoffs were needed to help Digg achieve profitability this year. But he also said the company would soon add a direct sales team and other "targeted hires." ...
Digg reducing staff 10%, hiring new sales team
TG Daily - All News —
Los Angeles (CA) - Digg CEO Jay Adelson announced yesterday that his company would be laying off approximately 8 people, or 10% of his work force, in areas that are not crucial to core business. In addition, the company would be hiring a new sales team to go after bigger fish. Digg will be focusing on profitability and growth while building up its advertising structure. So far, Digg has not been profitable despite 30 million unique viewers per month. See CNet and Digg's ...
The recession hits Digg
Gadgetell —
... This translates into cutting jobs at Digg; 10% of the team will be let go. Digg will also be adding a new sales staff to help with sponsorships.
For years, people wondered how exactly websites make money. Even if you become a household name like Digg, you can still run into simple business issues like turning a profit. Adelson hopes that the sales team and Digg’s partnership with Microsoft will help get the company in the black.
Read: [News.cnet.com]
Read: [Digg the Blog]
Full Story » | ...
Tech Layoffs Come Back With a Vengeance: 80,000 In January, Approaching 200,000 Total
TechCrunch —
... Location
#
%
Source
Digg
January 22, 2009
San Francisco, CA
7
10%
Cnet
Microsoft
January 22, 2009
Redmond, WA
5,000 ...
Which is more popular online, social networking or porn?
L.A. Times Tech Blog —
... to the slumping economy. This seems to be another fork in its side. But then again, social media aren't immune either--just look at the various Web start-ups, including Digg and ...
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Nicholas Carlson at Silicon Alley Insider has an investigative post today where he analyzed the advertising that is running on Digg. At the end of his investigation, he noted that Digg is clearly running targeted ads now because he viewed ads that ...
Jealous Of StumbleUpon’s Success, Digg Is Developing Of Web Toolbar
pulse2.com 2/27/2009 —
If I had to choose between StumbleUpon and Digg about whether I believe one is more valuable, I would definetely choose StumbleUpon. StumbleUpon suggests different content to every one of their users using an algorithm that is based on interests. ...
Digg not digging the economy, cuts 10 percent
venturebeat.com 1/26/2009 — Popular news aggregator Digg is laying off 10 percent of its 75 person workforce. Chief executive Jay Adelson announced a “headcount reduction in certain areas” this morning on the company blog , and gave the 10 percent estimate to ...
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