Typepad said my post was flagged as spam while trying to post a comment here. So, I’ll post it here. Screw Typepad.
Prok,
The people that lost their jobs are not $8.00 an hour employees. I would take an educated guess that the average annual income of the Sheep fired is $55,000. (I made significantly more then this when I worked there) Not a superstar income, but the Sheep pay pretty well for ‘a game’ as some of you have put it. Nobody makes $8.00/hr, even the odd jobbers make $10/hr.
As far as who is gone. I don’t know the full story. But the events team is gone. This is Torrid Midnight, Jane Calvert, and the like. They are focusing on technology they say, but they let technology people go as well. I’ve heard at least Patrick (formerly of the Ill Clan) and Mark Barrett (formerly of SLBuzz.com) are gone. Both were software developers. Cory is still there, her partner Mak is not. Of the husband and wife duo that made AOL Pointe, Rez and Sonny, Rez is gone, Sonny remains. I know of other creatives that did not survive the cut. (Barnesworth is a contractor btw, no word on contractors)
As I mentioned in my blog, they continue to support onRez. They also continue to support the MTV project built on Makena (there.com) technology.
If the average employee that was fired made $50,000 a year, the Sheep just cut over $92,000 a month out of their budget. At the same time they are likely burning bridges with customers as well though. There are unfinished projects, and already overworked employees.
One of my friends who has been in business a long time took one look at this situation and said, “A fire sale eh?” Meaning the Sheep are firing to set up for a sale. Giff and Valerie (who are both exceedingly smart people) are spin spin spinning this like crazy.
My final point which I blogged about as well at SecondLifePodcast.com. A large number of people fired were days and weeks away from their first stock vesting. Now they are fired. Now there is more stock for Valerie, Giff, Jonah, Chris, Becky, Morton, and of course Sibley and some others to split up and count their dollars when they sell.