LiveJournal Inc. announced a restructuring of their US and Russian operations

LiveJournal Inc today announced a restructuring of their US and Russian operations to more effectively manage costs in light of the global economic downturn.

LiveJournal Inc’s headquarters , technical operations (and servers,) legal, administration and the customer service teams will remain in the United States.    LiveJournal’s global product development and design will now be coordinated out of its Moscow office. The pooling of resources between the US and Russia will allow the company to build a stronger business model, well positioned to guarantee the long-term success of LiveJournal. 

As a result of these changes Matthew Berardo, VP and General Manager of LiveJournal Inc, will be leaving the company along with other valued colleagues. Mr Berardo has played the leading role in consolidating product and design effort to enable the business to more effectively streamline costs during his tenure.  LiveJournal Inc. will now be led jointly by Stephanie Gravelle, currently LiveJournal Inc’s director of finance and administration and Sergei Komarov, currently CTO of SUP (the owners of LiveJournal).