Earlier this week, The New York Observer said good-bye to editor Peter Kaplan, and now there are rumors swirling that more staffers are heading out the door.

Daily Intel has a report that newly appointed editor-in-chief Tom McGeveran is handing out pink slips today, while Gawker has a tentative list of those who are rumored to be victims of the axe, including Matt Haber, Spencer Morgan, Doree Shafrir, Chris Shott, Peter Stevenson and John Vorwald.

We're going to keep on this story as it develops but drop us a line or leave us a note in the comments if you hear anything.

Update: Doree Shafrir reposted the Gawker item on her Twitter feed basically confirming the whole mess. Sad times!

Another update: Haber tells us through his Observer email "All's well."

More: The New York Times Media Decoder blog has more information about the bloodbath, revealing that a bulk of the layoffs came from the newsroom, one third of which got the axe.

"Reducing the size of our reporting staff was not an easy decision to make," Christopher Barnes, president of the Observer Media Group, told the Times in a written statement. "Unfortunately, the New York Observer is not immune to the economic pressures being felt industry-wide. The reality is we had to cut back in order to move forward."