Newer Media Cuts Jobs...
Jason Calacanis, the founder of Mahalo, a "human powered search site" has cut ten percent of his staff in response to market conditions "much worse than I thought."
However, ten percent staff cuts seems like the normal culling that takes place in Silicon Valley companies...
Mr Calacanis writes in an email newsletter that part of the cost savings will be achieved by having his writers work from home. He says this is where writers like to work in their pajamas:
One thing I've learned two or three times now is that writers, in large part, like to work from home in their pajamas with a big cup of coffee and their loved ones by their side. I know this to be true because most of my e-mails to you guys come when I'm sitting in the garden with my laptop, a cup of joe, and Taurus and Fondue curled up at my feet.
Mr Calacanis has had prior success with Silicon Alley Reporter and Weblogs, Inc.
Nick Denton at Gawker moved very quickly to make his cuts. I wonder if there will be any staff cuts at newer media companies such as GigaOm, TechCrunch, ReadWriteWeb, or VentureBeat?