Mahalo Lay’s off around 10% of it’s workforce!!

By Paul | Oct 22, 2008

In an email he sent to the readers of his publication, Jason Calicanis talks about having to lay off around 10% of people from Mahalo.  Here’s the quote:

We’ve laid off a just under 10% of our full-time staff, cut our overhead by doing smart things like renting desks (we have six desks/offices available fyi), and reorganized our editorial department to focus on freelance positions over in-house editors. The net result
of the effort is we are giving Mahalo another year of “dry powder” (or runway) to complete our mission.

This is not to be unexpected after all the talk about the recession coming our way. It does however emphasizes the need for companies to consider there profit margins and accounting strategy.

Mahalo was launched in May 2007 as an Alpha test. That is to say only a select number of people were able to access the site and create feedback to the development of the site. As of January of 2008 it is in what we call the Beta test phase. Which means more people are testing it out and find out it’s flaws to report back about where they need to improve.  Mahalo’s directory employs human editors to review websites and search engine results.

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