On Friday, Gawker Media, which runs 12 blogs, announced it was laying off 19 staffers. The New York Times called the layoffs "an early indicator" of a Web advertising slowdown. In a memo to employees, Gawker founder Nick Denton (pictured in a photo montage at right) said that 2009 was going to be "exceptionally difficult" as advertising declines, and said "we have to prepare for the worst, now, rather than when the worst comes upon us (
Blogging in Rough Times
Blogging in Rough Times
Blogging in Rough Times
On Friday, Gawker Media, which runs 12 blogs, announced it was laying off 19 staffers. The New York Times called the layoffs "an early indicator" of a Web advertising slowdown. In a memo to employees, Gawker founder Nick Denton (pictured in a photo montage at right) said that 2009 was going to be "exceptionally difficult" as advertising declines, and said "we have to prepare for the worst, now, rather than when the worst comes upon us (