Head of Gawker.com, Nick Denton, announced on Friday that he was letting go 19 members of the editorial staff in a ‘preemptive move’, including Moe Tkacik, who was only recently recruited. Page view bonuses for the first quarter of next year are also to be cancelled in light of the ‘upcoming fiscal crisis’.
Gawker has been enduring a more tumultuous time than usual over the last couple of months, topped by reports this week that its Gizmodo blogger, Richard Blakeley, was banned from CES for attempting a prank to scupper sections of the event.
New York Times asked if the site had ‘Jumped the Snark‘ and reported that traffic for November was down. In the wake of this dip, boss Nick Denton placed himself as managing editor replacing Choire Sicha as other leading editors left:
“There are certainly signs that Gawker, delivering a daily dose of gossip and commentary about the news business and selected celebrities since 2002, is in the midst of a particularly intense period of turmoil, which has led to a slide in its once-hypnotic influence on the news media world.”