Confirmed: Wikia Cuts 10% Of Workforce

Update : Wikia has confirmed that about 10 percent of its workers have been laid off, but points out that it is still trying to hire for open positions. At the beginning of this year, Wikipedia co-founder Jimmy Wales officially launched his attempt at a human-powered search engine, dubbed Wikia Search . TechCrunch was not impressed initially, to say the least. Although it has come a long way since launch, it looks like the young venture behind the experimental search engine is feeling the nasty sting of the troubled economy. Rumor has it that parent company Wikia is letting go 30% of its current 43-person workforce, a percentage that appears to be the rule of thumb for lay-offs these days. TechCrunch has been hearing rumors along these lines as well. The company, which also offers wiki software, has raised a total of $14 million to date from rockstar angel investors like Marc Andreessen, Joi Ito, and Ron Conway, as well as Bessemer Venture Partners, the Omidyar Network and Amazon.