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David Sifry will remain chairman, but the top-end management duties have been passed to a trio of executives while the blog search site continues to search for a CEO. Technorati isn't waiting for a new CEO to come along before making a change at the top. Sifry has stepped aside from the CEO role at Technorati.

"Teresa Malo, CFO, Dorion Carroll our Vice President of Engineering and Derek Gordon, our Vice President of Marketing, will operate as a committee of the Office of the President, jointly focused on the day-to-day management of Technorati and achieving some important, very strategic milestones," Sifry said on his blog.

He wasn't the only one to lose a job at Technorati. Sifry noted the firing of eight people as part of adjusting their expense structure.

"Undertaking this action was gut wrenching - all our team members are greatly valued - but was necessary to ensure the ongoing success and growth of Technorati," he said.

The personnel changes may not be enough to maintain Technorati's relevance. Google launched a blog search engine that works as well as its signature search product. Technorati has experienced maddening technical problems at times throughout its existence, with a variety of issues.