By laying off employees and curbing growth, most web startups will be able to survive the economic slump. - Inspired by Silicon Valley layoffs

According to investors and entrepreneurs, reports a New York Times article, most web startups are trying to weather the economic crisis by laying off employees, curbing growth, and cutting expenses.

"The same factors that have made it so easy to create Web 2.0-style start-ups — low fixed costs, access to inexpensive overseas programmers and cheap ways to advertise online — also make it relatively easy for even faltering companies to cut back their operations to the bare minimum and hang on through a slump," write Brad Stone and Claire Cain Miller.

Recently, social music site Imeem, search engine Mahalo, visual search engine Searchme, real estate site Zillow, online radio site Pandora and social network Hi5 have all cut about a quarter of their employees.