Seattle-based Wetpaint has laid off 15 employees, or 27 percent of its staff, according to a report in TechFlash. The startup, which has raised about $40 million in venture capital, focuses on social publishing. The company was not immediately available for comment.

Gregory T. Huang is Xconomy's Editor in chief. E-mail him at gthuang [at] xconomy.com. Follow @gthuang

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