Jason Calacanis

The layoffs eliminated 18 employees, leaving Mahalo with a headcount of 49, Rapp said. They happened on Oct. 5.

These aren’t the first layoffs for Mahalo. The company had 102 employees in February of this year before making layoffs spurred by Google’s “Panda” update, which downgraded content designed to rank highly in search results. Mahalo was even larger a few years ago when it focused on building its own search alternative, Rapp said.

Rapp noted that while Mahalo’s videos get 30 million views per month, they are not necessarily profitable based on YouTube ads. Educational iPad apps, by contrast, seem to be instant money makers, because users will pay for them. Mahalo plans to gear up to release one app per week, though it only has four out so far. It will also continue to make educational videos.

Mahalo, which is backed by Sequoia Capital, News Corp. and CBS, soon plans to move its headquarters to Culver City from Santa Monica, Rapp said, and it has $5 million of funding in the bank to fuel its shift to instructional content.

Calacanis photo by Flickr user eirikso.

Actually, no need to: The not-at-all bashful entrepreneur has been working hard to make sure we’re all aware of what he’s calling “the Mahalo 4.0 launch/pivot.”

So there will be no shortage of places to read about this today. And if you want to hear Calacanis pitch his pivot himself, you can do that too, via a livestream of the DLD conference, where he’s presenting right now.

So here’s what you need to know:

• Calacanis, who launched Mahalo in 2007 as a “human-powered search engine,” then turned it into an “answers” site, is now trying to move deeper into the “how to” category dominated by Demand Media. Which just happens to be going public today in a very hot offering that will value the company at more than $1 billion. [Correction: Demand will start trading on Wednesday, January 26]
• The most important part of the move is a new emphasis on video, which Mahalo is creating itself. That’s a different strategy from Demand’s, which relies on a computer to spit out editorial assignments, then hands them out to an army of freelancers.
• Calacanis and Mahalo president Jason Rapp, who came on board last spring, have hired a team of 50 editors, who are now cranking out some 900 videos a week on topics like “How to Cook a Ham.” They plan to have a staff of 100 dedicated to videos by the end of the year.
• Mahalo still relies primarily on Google ads for revenue, which the company won’t disclose. But last week Calacanis said incoming dollars from Google’s YouTube have shot up 9x in the last year.
• Rapp says Mahalo still doesn’t need to raise any more money beyond its initial round, which brought in $20 million from investors like Sequoia, CBS and News Corp. (News Corp. also owns this Web site.)

If you missed Calacanis’s pitch this morning but still want to see people talking about his site, here’s a promo clip the company supplied. It features Calacanis’s employees, but not Calacanis, so it’s a lot less interesting. But you’ll get the idea.

Mahalo 4.0 from Mahalo.com on Vimeo.

Turns out he’s found a new gig: President of Mahalo, a human-powered search engine backed by Sequoia Capital, News Corp. (NWS) and CBS (CBS).

In that capacity he’ll be scaling and commercializing the company’s business, which he said had a record search-advertising month in May. Rapp will be joining Mahalo’s board of directors as well.

Gifts.com President & CEO William Lynch, who founded the site for IAC (IACI), will transition to HSN full-time as its EVP of marketing and content. He had previously been managing the HSN.com site, while also running Gifts.com.

The site, which also offers gift cards that can be redeemed at over 100 merchants, is now a 40-person operation.

Rapp has been with IAC since 2006 and, prior to joining the company, worked at the New York Times Company.

After a contentious battle with large shareholder Liberty Media, IAC is in the midst of separating itself into five publicly traded companies, expected to be completed in the third quarter, spinning off HSN, Ticketmaster, Interval International and LendingTree.

Left in the new IAC will be: Ask.com, Bloglines, Citysearch, CursorMania, Evite, Excite, IAC Advertising Solutions, InsiderPages, iWon, My Fun Cards, My Way, Popular Screensavers, Smiley Central, Vimeo, Webfetti and Zwinky, Match.com, ServiceMagic, Shoebuy.com, Entertainment Publications, ReserveAmerica; Pronto, Gifts.com, Green.com, Primal Ventures, InstantAction, BustedTees, CollegeHumor, GarageGames, RushmoreDrive.com, Very Short List, and 23/6.

Also included will IAC’s current investments in Active.com, Brightcove, FiLife, MerchantCircle, OpenTable, Points.com and SHOP Channel.