TheStreet.com closes San Francisco office

Portfolio reports that TheStreet.com is shutting down its San Francisco office, but its still unknown how many jobs will be eliminated as a result.
A spokesperson told Portfolio that an ad sales presence in San Francisco will remain and that some reporters might still contribute to the network of sites.
From the story:

The spokeswoman added that the decision was consistent with the discussion during the company's third-quarter earnings call of the need for belt-tightening measures. "This is really part of an overall effort we talked about and it shouldn't be too surprising given the environment that we're in and the unprecedented times that we're in that we're taking a hard look at our costs."