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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  1. Anonymous Coward
    Stop

    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?

  2. Chris Williams (Written by Reg staff)

    Re: Millionaires

    "Did the guys really become millionaires"

    Yep, cash deal.

  3. Iain
    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?

  4. Mathew Coomber
    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

  5. Anonymous Coward
    Flame

    Yanks Go Home

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

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