Gawker Media Lays Off/Hires People

Nick Denton’s Gawker Media is laying off 19 people and suspending the page view bonus model. Good news is he’s also hiring 10 people. The only one named is LA’s Gabriel Snyder to be the managing editor.

As we say, it’s an ‘adjustment‘.

The full memo – the one not on Gawker of course – is here.