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25 Oct 2010 21:14

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Tech: Digg realizes that too many people are working for them

  • six the number of people who work on Reddit’s entire site
  • 67 the number of people who work on Digg at the moment
  • 25 the number of staffers Digg will be cutting to get profitable source
  • » Cutting the “overhead”: Why is it that Reddit has a much smaller staff, yet is completely kicking Digg’s butt at the moment? Good question. Either way, Digg (which is unprofitable) is cutting 37 percent of its staff in an effort to rebuild lost momentum in the platform and cut significant costs. “It’s been an incredibly tough decision,” wrote Matt Williams, the company’s brand-new CEO. “I wish it weren’t necessary. However, I know it’s the right choice for Digg’s future success as a business.” Also, a product refocus is coming very soon to correct the last one.