Owen Thomas / Valleywag:

Valleywag cuts 60 percent of staff  —  We would never sugarcoat someone else’s layoffs.  Why ours?  Gawker Media, our publisher, has told me to cut Valleywag’s costs, in anticipation of an advertising recession.  In response, I have laid off associate editors Nicholas Carlson and Jackson West and reporter Melissa Gira Grant.