Buzznet: The Music Community Have Laid Off 15% of Their Staff

There has been a rumour that 10 out of the 89 employees at Buzznet have been laid off. Thus, 15% of the Buzznet staff are leaving. Is this because of the economic downturn?

I found it interesting that all this was done on a Friday, not good timing from an employee point of view.

Tags: buzznet credit crunch digital music kittens music community music distribution redundancy