Digg Dumps 10 Percent of Staff

When former Digg CEO Jay Adelson announced his departure from the social news site earlier this year, he described it as a company maturing well beyond its start-up phase. “Digg Ads [are] doing well,” he wrote. “Our sales force [is] growing [and] our hiring ramping.” Odd, then, to hear that Digg sacked 10 percent of its staff today for what founder and CEO Kevin Rose says is “the long-term health of the company.”
LAYOFFS_BOBS_THUMB

Digg CEO Jay Adelson Steps Out

Digg CEO Jay Adelson has left the company he has run for the past five years, leaving founder Kevin Rose to run the social news site in the interim.

Voices

Digg Triples Revenue Forecast, Says Ad-Commenting to Come

Digg is known for drumming up traffic to the sites that are linked from its popular home page. Can it perform for online advertisers too? According to three of its executives, its recent forays into ads that play along with its vocal, tech-savvy audience are making gains.