Oct
03
Gawker’s Nick Denton Predicts Tough 2009
Posted in: Uncategorized
NEW YORK (AdAge.com) — Gawker Media is laying off 19 staffers at weaker-performing titles such as Valleywag, Consumerist and Fleshbot in anticipation of what Denton predicts will be an "exceptionally difficult" advertising market in early 2009. He's also suspending traffic bonuses for writers, which were costing the company $50,000 a month.
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