WPP To Cut 7,200 Jobs This Year; About Half Of Cuts Have Already Taken Place
Advertising giant WPP will eliminate about 7,200 jobs this year, or about 6 percent of its total workforce, according to The Financial Times… Read more »
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Global Radio Making More Redundant; Online Restructured
Global Radio made more staff redundant Friday morning, we have learned, just three months after its last round of blood-letting. Online oper… Read more »
Porn Baron Sullivan Rescues Sport Media Group, Takes 10 Percent Stake
Former Daily Sport owners David Sullivan and Gold Group International have rescued the paper’s current proprietors with a £1.68 million loa… Read more »
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RBI Cuts 50 Jobs After ‘Unprecedented Ad Deterioration’
New Scientist and Farmers Weekly publisher Reed Business Information, which was already cutting US jobs, is now also axing 50 UK posts throu… Read more »
Print Roundup: Independent For Sale?; Channel M Cuts; The French Post Launches
By Patrick Smith
– Independent sell-off?: We’ve seen several reports of a sale of Independent News and Media’s flagship Independent titles in the last six m… Read more »
Nokia Cutting Back Investment In New Internet Services; Slashing 450 Jobs
By Dianne See Morrison
Handset giant Nokia (NYSE: NOK) is pruning back its investment in starting up new services, a move that will help it slash another 450 jobs… Read more »
NPR Cuts 13 In Second Layoff Round; Imposes Unpaid Leave
By David Kaplan
National Public Radio, hurting from the pullback from its corporate donors, is laying off 13 staffers, its second round since December, WaPo… Read more »
Newsquest Merging Glasgow Herald Sites For New HeraldScotland.com
Newsquest, which in December said it would make 235 journalists on its Herald titles in Glasgow reapply for fewer multimedia jobs, is now me… Read more »
Updated: NatMags Absorbing Hearst Digital, Lays Off A Fifth Of Staff
NatMags, which was infamously slow to get enthusiastic about online, is now folding its Hearst Digital online division back in to the wider… Read more »
Yahoo Plans More Layoffs; HotJobs On The Block
By Joseph Tartakoff
Yahoo is planning its third major round of job cuts in 14 months. The New York Times reports that the company could lay off “several hundred… Read more »
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Chicago Tribune Cutting Newsroom 20 Percent
By David Kaplan
The bleeding isn’t stopping at the Chicago Tribune, as Crains Chicago Business reports that (via E&P) the paper told employees last week tha… Read more »
Microsoft Still On Track To Cut Another 3,600 Jobs
By Joseph Tartakoff
Any hope that Microsoft (NSDQ: MSFT) has turned the corner and won’t need to make those deep job cuts after all has been snuffed out. Micros… Read more »
MRM Worldwide Lays Off About 25 New York Employees
By Rory Maher
Digital ad agency MRM Worldwide has been laying off some of its New York employees — about 15 over the past month and another five to 10 th… Read more »
ITV Wields Axe On ITV.com Content Team
ITV (LSE: ITV) is making about 30 percent of its ITV.com content team redundant, paidContent:UK has learned – despite Michael Grade pledging… Read more »
Print Round-Up: Trinity Mirror Scotland Cuts; Spectator Business; Newsquest
By Patrick Smith
– Trinity Mirror: Staying true to plans to merge and modernise the Daily Record and Sunday Mail newsrooms, Trinity Mirror (LSE: TNI) has no… Read more »
Trinity Mirror Rethinking Liverpool.com, Four Jobs Lost
Trinity Mirror’s north west and north Wales division appears to be shifting the direction of its Liverpool.com metro website and printed mag… Read more »
Press Gazette Shuts Mag, Mothballs Website; Editorial Staff Laid Off
By Patrick Smith
UPDATE Having spoken to people familiar with the situation, I understand that the company plans to lay off all three editorial staff as part… Read more »
Condé Nast Digital Cuts Staff In ‘Streamlining’ Effort
By David Kaplan
Following a reorg that brought Condé Nast Read more »
A Buzzkill For Buzz Media: Entertainment Network Lays Off Quarter Of Staff
By Tameka Kee
Even a fresh influx of cash couldn’t keep online entertainment network Buzz Media (formerly Buzznet) from cutting staff: the company told pa… Read more »
Social Network Hi5 Cuts Staff, Turns To Virtual Goods For Revenue
By Rory Maher
Unable to raise additional capital from investors, one of the world’s largest social networks has laid off half of its staff and is adding a… Read more »
Conde Nast Layoffs Hit CondeNet, Maruzzi Replacement Underway
CondeNet UK is in consultation with staff to make four redundancies as part of wider cutbacks at the magazine publisher. The online unit has… Read more »
Forbes To Hand Out More Pink Slips; Second Round Of Cuts Targets 50
By David Kaplan
Forbes Media is planning on cutting another 50 jobs, MediaMemo’s Peter Kafka reports. Forbes didn’t return calls seeking comment.
The busi… Read more »
Google To Cut 200 Jobs In Sales And Marketing
By Joseph Tartakoff
Google said Thursday it would cut about 200 jobs in sales and marketing, in the third set of layoffs in three months for the company. In a p… Read more »
NYT Lays Off 100 On The Business Side; Cuts Salary For All Non-Union Staff, Including Sulzberger
By David Kaplan
The New York Times Company (NYSE: NYT) is laying off some 100 NYT business-side employees and cutting non-union salaries across the board. N… Read more »
FT's 'Web-Ready' Newsroom Plans: After 80 Layoffs, It's Integration Time
By Patrick Smith
Want to know how the Financial Times will cope without the 80 journalists it is laying off in these finance news-hungry times? We’re at leas… Read more »
DMGT Doubling Job Cuts To Over 1,000, Keeping Schtum On Web Sales
It’s going to get worse before it gets better. Income from DMGT’s news business fell 12 percent between October and February. But, for the c… Read more »
TheStreet.com Cuts 18 Staffers; Layoffs Part Of $2.4M Cost-Cutting Plan
By David Kaplan
Elevated interest in Wall St. since the global market meltdown this past fall hasn’t necessarily translated into financial win for TheStreet… Read more »
Earnings: Media Buyer Aegis Cutting 780 Jobs Despite Revenue, Profits Rise
By Patrick Smith
Its profits rose by a quarter in 2008, but that won’t stop advertising and research group Aegis cutting 780, or five percent of its global w… Read more »
ChaCha Cuts Staff, Salaries To Make $12 Million In New Capital Last Longer
By Tricia Duryee
Carmel, Ind-based ChaCha, which helps people search for answers over mobile phones using SMS, confirmed it has raised $12 million in new cap… Read more »
Print Round-Up: Sport Media Group; Mail Online; Haymarket; Bauer; Newsquest; Tindle
By Patrick Smith
– Sport Media Group: First it breached one of its banking covenants, then it put itself up for sale, and now Sport Media Group is looking t… Read more »
Crain Communications Lays Off 150; Cuts Salaries 10 Percent Companywide
By David Kaplan
Business trade publisher Crain Communications has laid off 150 staffers and sliced salaries across the board by 10 percent, sources tell pai… Read more »
Nokia To Slash 1,700 Jobs Globally; UK, US Affected
By Dianne See Morrison
Nokia (NYSE: NOK) plans to eliminate 1,700 jobs globally, as the world Read more »
Nokia To Slash 1,700 Jobs Globally
By Dianne See Morrison
Nokia (NYSE: NOK) plans to eliminate 1,700 jobs globally, as the world Read more »
Spot Runner Lays Off Another 60; Project Malibu Still A Priority
By David Kaplan
Online and TV ad agency Spot Runner let go another 60 staffers on Friday, Techcrunch reported and paidContent confirmed. The Los Angeles dig… Read more »
Incisive Media Imposes Unpaid Leave To Ward Off Redundancies
By Patrick Smith
First Newsquest, then DMGT’s Euromoney, and now B2B publisher Incisive Media is asking staff to take one week’s unpaid leave to lighten the… Read more »
Print Roundup: Emap Digital Director; Euromoney Pay; Archant Restructure
By Patrick Smith
– Emap Inform: Conor Dignam, digital director of B2B publisher Emap Inform, has become editor of the company’s Screen International film in… Read more »
2009 Publishing Layoffs Pass 1,000 As GMG Swings Axe In Home Counties
By Patrick Smith
Since the beginning of 2009, we’ve covered more than 1,100 job cuts in newspapers and magazines – and the pace of redundancies and title clo… Read more »
AOL Hands Out The Pink Slips Today; Cuts Are Part Of Previously Announced Reorg
By David Kaplan
AOL (NYSE: TWX) has handed out more layoffs today, as part of the 10 percent staffing cut — roughly 700 jobs — that was announced back in… Read more »
McClatchy Cuts 1,600 Jobs; 15 Percent of Workforce
By Rafat Ali
McClatchy (NYSE: MNI) Newspapers, the third- largest newspaper chain in U.S., has announced that it will go deep and dramatic with its cuts:… Read more »
Updated: Five Axing Quarter Of Staff; Focus Back To TV, Online Picture Unclear
By Patrick Smith
Update: Five has been in touch to say that the digital media division will be a “client” of the new creative unit but will remain a separate… Read more »
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