Cracked Oyster: Layoffs at Hotel-Rating Site

Hotel-rating site Oyster Hotel Reviews said when it launched in June that one of its goals was to scoop up veteran journalists who were laid off and have them anonymously stay in hotels and critique them. But its shell is cracking, as the company laid off 17 employees Wednesday, including 11 reporters, ValleyWag reported.

Oyster hired veterans of publications including The New York Times, Money, Fast Company, The Village Voice and Rolling Stone, which, it claimed, gave it an advantage over user-submitted sites such as TripAdvisor, according to ValleyWag.

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