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back to article Staff get the chop at London's web 2.0 poster child

CBS has layed off about 20 per cent of staff at music site Last.fm, the poster child for would-be web 2.0 millionaires in the UK. As part of cuts across CBS' online properties, about 20 of Last.fm's 95 staff received the bad news yesterday, according to reports. Last.fm spokesman Christian Ward declined to comment. CBS paid $ …

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Millionaires

Did the guys really become millionaires, or did they get an earn-out deal where they could become millionaires if things went well, or stock options in CBS that are now under water? Or will it be back to living in tents on rooftops in Whitechapel for them?

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(Written by Reg staff)

Re: Millionaires

"Did the guys really become millionaires"

Yep, cash deal.

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Joke

Rantathon

Don't let CNet die! Where else will I find half-arsed shoddily programmed never-beta-tested freetard-aimed screen-saving reg-scanning temp-file-deleting desktop-tidying recycle-bin-emptying naff-ware?

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Paris Hilton

Didn't I read this as a child...

...isn't this based on the book 'The Emperor's New Clothes'?

PH because of her aversion to clothes which cover her body

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Flame

Yanks Go Home

... and take your moving ad screens with you.

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