• more about

    #meltdowns

    Facebook employee unloads company gear on eBay

    Get ready for a three-year recession

    The death of CNET's media-conquering dreams

    read more: #layoffs, #meltdowns, #wired, #condenast, #condenast, #wiredcom, #valleywag

    Wired.com fires 12, a quarter of its staff

    Just yesterday, we were hearing gossip about how Condé Nast, the magazine publisher, had spared Wired while slashing Portfolio, its troubled business magazine. Not so: Wired.com is having layoffs due to "unexpected cutbacks," Silicon Alley Insider reports. No details on numbers yet; the publication is having a conference call to discuss the cuts now. Wired.com, which is managed separately from the magazine, had gone on an acquisition spree of late, having bought Reddit, Ars Technica, and Webmonkey recently. It also had plans to resuscitate HotWired, a '90s-era Web property which popularized the banner ad; those may now be on hold. Update: More details have arrived on the cuts. A quarter of the 50 or so staff in Wired.com's San Francisco newsroom are gone.


    Contact information for this author is not available.