L.A. Observed reports that publisher David Hiller has resigned. The site has posted his memo, which ends, “I’m sorry I won’t be here to pitch in, but I’ll be rooting for you.” Meanwhile, editor Russ Stanton announced today that editors will begin informing the 150 people who will be leaving. There is no word yet on how the books section will be affected by these layoffs, other than the previously reported merging of books reporting into the Calendar section once the Book Review/Opinion section is eliminated at the end of the month.