Nick Denton‘s Gawker Media is laying off 19 people and suspending the page view bonus model. Good news is he’s also hiring 10 people. The only one named is LA’s Gabriel Snyder to be the managing editor.
As we say, it’s an ‘adjustment‘.
The full memo – the one not on Gawker of course – is here.
Discover why countless investors and businessmen, including the Winklevoss twins, are becoming big supporters of virtual currencies at Inside Bitcoins on July 30 in New York. You’ll hear from speakers like Charlie Shrem, Vice Chairman at Bitcoin Foundation, who runs one of the largest alternative payment companies. Every paid registrant will receive a Bitcoin paper wallet with 0.01 Bitcoin. Register today.
Richard Horgan
Co-Editor
Matthew Fleischer
Co-Editor
Pandora Young
Co-Editor
Marcus Vanderberg
Co-Editor
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