The Street
Layoffs at TheStreet.com
A preview of the redesign planned for thestreet.com.
TheStreet.com—a financial news site started by Jim Cramer in 1996—laid off roughly half a dozen employees yesterday afternoon, Media Mob has learned.
Earlier this afternoon Editor-in-Chief David Morrow confirmed that there had been layoffs but declined to say exactly how many; and, according to Mr. Morrow, the cuts were not indicative of financial problems at The Street.
(According to recent financial filings, during the nine months ending in Sept. 2007, The Street racked up $45.5 million in revenue, an increase of 25 percent over the same time period in 2006.) read more »
