Peter Kafka

Recent Posts by Peter Kafka

Fab Makes Big Cuts Again, Laying Off Nearly 20 Percent of Staff

After suggesting via an internal memo that he would lay off staff, Fab CEO Jason Goldberg has laid off 101 employees, or nearly 20 percent of the e-commerce startup’s staff. Fab, which raised $165 million this summer, also let go of more than 100 employees in July.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald