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Average Facebook salaries for job postings in Austin, TX are 6% lower than average Facebook salaries for job postings nationwide. At 10:00am on Monday morning, a somber meeting was called in the Demand Media offices in Austin, where employees were told that the Austin branch would be closing and that they are all losing their jobs.
Regardless of the reason, Demand Media is retracting from Austin, and our sources tell us that the entire Austin staff was blindsided and now on the hunt for jobs.

UPDATE: David Glaubke, Vice President of Corporate Communications at Demand Media tells us that most of the Austin staff will remain with the company until the end of the month and that roughly 10 will remain employed for several months, with some having been offered relocation. This story originally cited staff that claimed 100 workers lost their jobs, but the company says it is closer to 30 and is unable to give us an exact number.

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