Ars Technica: Owner of Tumblr confirms site’s shift from “surging” to “small and focused”

Ars Technica: Owner of Tumblr confirms site’s shift from “surging” to “small and focused”. “Tumblr will lose a majority of its product-minded staff by the end of this year, according to the CEO of the company that owns it. But despite a recently leaked memo quoting Tennyson’s ‘better to have loved and lost’ line, the CEO believes they are ‘setting up Tumblr for success in this next chapter.'”