CityGrid Media cuts staff, but Urbanspoon keeps growing

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CityGrid Media, the parent company of Urbanspoon, Insider Pages, Buzz Labs and Citysearch, announced today that it is cutting 15 percent of its staff in a shift of advertising models from cost-per-click to cost-per-acquisition, reports TechCrunch. The move comes six months after SeamlessWeb co-founder Jason Finger was appointed CEO. TechCrunch notes that the layoffs are… Read More…