Lay off Space.com

Lay off Space.com, originally uploaded by Ina galway.

"Russell Grant got “the tap on the shoulder” a few weeks ago.

He joined 6.8 million other unemployed U.S. workers when he was laid off from his job as a system administrator at a La Jolla, California, biomedical firm. But Mr. Grant’s pain was Jake Ludwinski’s gain.That’s because Mr. Ludwinski is the co-founder of LayoffSpace.com, a social networking site launched Friday that aims to become the Myspace.com for the jobless.Though the site, which Mr. Ludwinski founded with his brother Maciej, lacks the music and videos of Myspace, LayoffSpace offers tools to post pictures, publish blogs, form groups, and send instant messages to other job hunters. With the modest startup costs typical of Web 2.0 companies, the brothers bootstrapped the startup, shopping for white-label, social-networking software before settling on Austin, Texas-based Small World Labs. The brothers plan to introduce advertising once the site build traffic—hopefully in a few months."

LayoffSpace for the jobless