Longtime Observer editor Peter Kaplan’s good-bye party two days ago turned out to be the last hurrah for some Observer staffers. New editor-in-chief Tom McGeveran is handing out pink slips at the pink paper as we type. We don’t yet know names or numbers, but our source says, “There’s a big list, apparently.” Sadder still? The amount of severance pay the paper’s owner, young swell Jared Kushner, has set aside for employees: It seems as though they get just “one week of severance per year” of service.
UPDATE: Gawker has a list of some of the people let go, although we hear these are just the people who were working in the office.