Rumour has it that blog search subscription service PubSub may be closing down following a round of recent redundancies. Interestingly, it has raised a number of grousing voices in the blogosphere -- see some of the trackbacks and comments to the TechCrunch posting where I spotted this.

PubSub employee Steven Cohen says, in his usual self-aggrandising/portentous manner, that he just won't talk about it.

If PubSub does go then Structured Blogging will go with it.

I don't sit about monitoring the fates of young software companies, but I'm wondering if this is one of the first Web 2.0 enterprises to hit the rocks.

Is the company's current situation related to the bad feeling amongst its user base?

Ingenta went through problems like this during its adolescence.