More bad news over at Gawker – more layoffs even though revenues climb 39%

By Terence Huynh on December 3rd, 2008

Nick Denton has laid off more people over Gawker Media, publishers of Gizmodo and the Kotaku, even though ad revenues for the company climbed to 39% over last years result, with 20% coming from Google ads from each site’s search result – according to a report on The Silicon Alley Insider.

Media Bistro broke the news early today, with cuts coming from its popular blogs Gawker, Gizmodo and Jezebel; with people like Shelia McClear (Gawker editor), Maria-Mercedes Lara (Jezebel editorial assistant) and Benny Goldman (Gizmodo reporter) were all laid off from the company, with Alex Carnevale’s contract, which is on a month-by-month basis, was not renewed.

Could this see a bleak new year for Gawker Media? Apparently so, with one fired staffer telling Media Bistro that Nick Denton will “lay off people a few at a time”.

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