LiveJournal confirm job cuts rumor

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January 7th, 2009 Leave a comment Visited 94 times, 2 so far today

LiveJournal confirm job cuts rumor

Social media company LiveJournal has announced that they are indeed cutting some jobs in their operations.

The company would be cutting some jobs in its San Francisco and Moscow offices.

Market rumors had claimed that the company had sacked 20 out of 28 employees.

LiveJournal responded that the numbers are much lower at around a dozen.

The company said in a statement: “LiveJournal Inc.’s headquarters, technical operations (and servers), legal, administration, and the customer service teams will remain in the United States. LiveJournal’s global product development and design will now be coordinated out of its Moscow office. The pooling of resources between the U.S. and Russia will allow the company to build a stronger business model, well positioned to guarantee the long-term success of LiveJournal.”

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