LiveJournal: The Russian Bear Slashes a Social Network:
"The company's product managers and engineers were laid off, leaving only a handful of finance and operations workers — which speaks to a website to be left on life support. Matt Berardo, a Yahoo executive hired on last summer, is also believed to be gone."
A) I am quite happy that I finally dumped LJ last year.
B) It does make me wonder where a lot of my friends are going to move to, if they decided to keep "blogging".
Here is a fairly good (if outdated) way to migrate off LiveJournal to WordPress.
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