Colarusso will leave Portfolio.com

As the layoffs at Conde Nast continue, Portfolio's Dan Colarusso has already determined that he won't be staying in his role, that's according to reports from The New York Observer.
Colarusso, the editor of portfolio.com, said he's staying with the magazine until the end of January to help a new managing editor take over the site.
From the story:

Portfolio.com was recently gutted amid larger cuts at the magazine, and its staff of 45 has been whittled down to only a handful. Remaining players include Market Movers blogger Felix Salmon and Mixed Media blogger Jeff Bercovici. But Mr. Colarusso, who was offered a job to stay, won't be hanging around the new skeleton site. "I have some talent—I think," Colarusso told The New York Observer. "I have a fairly good reputation. I'm not afraid of walking into the heart of darkness. Would I like to walk into a editorial stable job? Yes. Does one exist? No."