According to an e-mail obtained by Radar, Gawker owner Nick Denton has fired nineteen editorial employees today, including Gawker editor Moe Tkacik, right. He has also announced a change in their salary system: Next quarter, most staffers will receive a small raise in exchange for the suspension of their traffic bonuses. The site also confirmed what we and Radar heard earlier this week, that Gabriel Snyder will be the new managing editor of Gawker.com. "The news about the job and bonus cuts will be demoralizing. The golden age of the blog is over, people will say," Denton wrote to his staffers. "Gawker Media is behaving like those big media companies that we mock so easily." We're bummed for our fellow bloggers, but allow us to be the first to not say this marks the end of the "golden age of the blog." [Radar Online]
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