winter: (Star Wars - on the edge)
Beth Winter ([personal profile] winter) wrote2009-01-06 07:23 pm
Entry tags:

Livejournal matters

However I may personally feel about the LiveJournal staff layoffs, there's an official statement about them now.

Most of LiveJournal revenue is in rubles. Their labour costs were in USD. Economically, it's a textbook move, especially since they already have a Russian technical and product development team - who are paid less.

Best of luck to everyone involved, especially those who got the bad news :(
ext_48465: (alucard manga red)

[identity profile] sukeban.livejournal.com 2009-01-06 07:30 pm (UTC)(link)
It depends on whether they decide to cut more costs and replace the expensive, experienced programmers with cheaper codemonkeys.

I'm managing servers for [big automaker] and [American human resources outsourcing company], and they're also cutting costs and undermanning teams like crazy, so I'm not that optimistic about this kind of thing. Luckily my job isn't endangered, but our workload is very likely going to grow a lot in the near future for the same pay...