Tech and culture festival SXSW is laying off a third of its employees just days after the coronavirus outbreak forced it to cancel

· SXSW has laid off approximately a third of its full-time staff Monday, as first reported by Wall Street Journal reporter Elizabeth Findell and confirmed by a spokesperson to Business Insider.
· The tech and culture festival was called off on Friday due to coronavirus fears.
· SXSW employs around 175 people year-round,...