what On Wednesday, after just five months in operation, Digg founder Kevin Rose’s app Oink abruptly shut down. This despite the fact that it had 100,000 downloads right off the bat. The abrupt closure angered users who felt betrayed by the move.
why Well, because Google bought out Rose’s company, Milk, including its staff. The deal was reported Thursday, allegedly the result of a bidding war with Facebook. Is the rise of the acqu-hire, seen earlier this week with Posterous, hurting end users? source
sixthe number of people who work on Reddit’s entire site
67the number of people who work on Digg at the moment
25the 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.