Digg Cuts Staff, Focuses on Profitability

Social Management

In a signal that the economy is strike, even most successful of exit, Digg it announced that it is reducing the personnel and one concentrates in being profitable.

Whereas Digg is reducing 10% of the present personnel, also they are taking the direct sales from the equipment to try to increase the income. CEO Jay Adelson indicated that the priorities include the company " now; , on the base of our infrastructure of the publicity in our successful association with Microsoft and to continue, sometimes, of garantía." BusinessWeek recently indicated that the income of Digg were of only $ 4.8 million of 2007 and the three first trimesters of 2008, 6.4 million dollars.

Although a great number by the majority of the beginning samples of the Web, Digg Considering that reachs more than 30 million people every month is only inspiration source.

Digg Although not yet has been the obtaining of benefits, the company still has a pile of money in cash in hand. That it collected $ 28 million in new bottoms, in September.


Via Adam Ostrow