Demand Media Firing Freelancers? Company "Reevaluates" Writers as Stock Price Tanks
As Demand Media's stock price continues to fall (NYSE: DMD), its freelance writers are betting the content company will conduct mass lay-offs in part because of a new explanation of its quality expectations.
Demand Studios, the content production arm of the company, emailed writers Aug. 2 that those with grammar scores at or above four -- on a one to five scale -- rank in the top 15th percentile while those at or below 3.5 fall in the lower 15th percentile.
The company has begun notifying writers with low scores that they will enter the long-standing Writer Evaluation Program (WEP), according to information posted on Demand Studios Sucks.