IAC guts CitySearch and Urbanspoon and sends two-thirds of staff packing


Skift Take

CityGrid has had a difficult time finding its footing, both because of challenges from Yelp and because of its own ongoing leadership difficulties. It would be hard to find another company of its size that's swapped CEOs so often.
TechCrunch has learned that CityGrid Media, the parent of local ad-based listings portals CitySearch, Urbanspoon and Insider Pages, is laying off two-thirds of its staff, or around 130 people. IAC, wh