OK, here's the part of the whole thing I don't get.
This layoff was first reported by Gawker, a RUMOR site. Which means, to my mind, it has as much relevance to reality as Gizmodo does to tech reporting.
Which is the same amount of relevance as fish have describing desert conditions.
The marginally more competent C-Net has an article where they actually got numbers from SUP/LJ:
Gawker: 20 out of 28 = 71.4%
C-Net: 12 out of 60 = 20%
Gawker has already corrected it's article. What a crock of crapslingers.
Why is anyone taking this crap seriously in the first place?
Lemme put this another way:
Did people get laid off? Yes.
Are people being laid off all over the damn place? Yes.
Did the majority of those companies who laid off people shut down? No.
Is LiveJournal going to shut down? Who knows. My money is on "no". At least, not at this time.
We need fewer "Web 2.0-new-media-douchebaggery"* sites and more that actually report things like...
...oh, I don't know...
NEWS!
* Not my creation. Found in use on Bynkii.com & The Angry Drunk. Both sites make liberal use of profanity, but John C. Welch and Darby Lines are funny as all hell.