Digg lays off 10 percent of staff
One month after an executive shakeup that saw the departure of CEO Jay Adelson, social-news site Digg announced that it is laying off around 10 percent of its employees. That amounts, most likely, to fewer than a dozen people.
"This is one of the hardest decisions we've had to make recently but we strongly believe that it is the right decision for the long-term health of the company," founder Kevin Rose, who took over for Adelson, said in an e-mail to employees that was subsequently posted to the company blog. "In order to achieve our goals, … Read more