During past downturns, layoffs were mostly a private affair. Big companies tended to issue vague news releases filled with jargon about “downsizing,” and startups often gave society the pink slip without telling the world anything at all.

Not anymore. In the age of transparency, the layoff will be blogged.

Elon Musk, chief executive of the electric-car company Tesla Motors in San Carlos, California, said he had no choice other than to blog about the Oct. 15 layoffs at

the company, even though some employees had not yet been told they were losing their jobs.

Valleywag, a Silicon Valley gossip blog owned by Gawker Media, had already published the news and it was being picked up by old-media reporters, Musk said. “We had to say something to prevent articles being written that were not accurate.”

Blogging about staff cuts is particularly prevalent in Silicon Valley, where tech gossip sites pounce on every […]

Orginal post by dhiram