Digg Cuts 10% of Staff

I'm surprised they cut so little. I could never understand, for the life of me, why they had such a big staff. It seems to me Kevin Rose could have made himself a very nice living off the site with a staff of around 5 people maintaining the site, but instead they had to get all "future of news" and overstretch themselves.

It's been my experience that, if a company has not had recent layoffs, there is almost always a bottom 10% that is bad enough to be worth cutting. This has been most noticeable to me at companies of 100+. I've always wondered if smaller periodic layoffs would work better than waiting for a downturn to make hard decisions, which seems like the norm.

They have 72 staff? Doing what??

I haven't used Digg much in about a year...it lost its charm when they started to make the site too complex with unnecessary features and ever-so-slightly related vertical topics.<p>K.I.S.S. like HN !!

Does anyone know what kind of revenue they have?