Heads up! LJ's having money troubles.

[randomness]

http://bryant.livejournal.com/659249.html says:

"Some rather large percentage of the technical people at LJ have been laid off. Ops is reportedly still around, so maybe database problems and so on will still get fixed, but you gotta be concerned."

bryant also includes a few ideas on how to back up your LJ.

rmd posted a link to http://valleywag.gawker.com/5124184/the-russian-bear-slashes-a-social-network, which includes some background on the company.

Comments

[r-ness.livejournal.com]

Backing up, generally a good idea; panic, generally not. :)

Two points people have pointed out:

1) It should save them money to move their development costs to someplace cheaper, like Moscow or Montana, rather than LA.

2) They apparently canned the employees without severance or even notice, which is a nasty thing to do, and one which generally doesn't happen unless the company is short of money.