January 23, 2009

Los Angeles (CA) - Digg CEO Jay Adelson announced yesterday that his company would be laying off approximately 8 people, or 10% of his work force, in areas that are not crucial to core business. In addition, the company would be hiring a new sales team to go after bigger fish.

Digg will be focusing on profitability and growth while building up its advertising structure. So far, Digg has not been profitable despite 30 million unique viewers per month.