The combo of expansion and tough economy is catching up with Casey Wasserman, whose Wasserman Media Group slashed its Sportnet division by 4… Read more »
– Newsquest’s Northern Echo cuts 17 jobs: It’s hard to imagine things getting worse in the-regional newspaper market. The latest paper to l… Read more »
Putting his stamp on the company almost immediately, new DMGT CEO Martin Morgan told analysts he would wring “significant revenue, cost and… Read more »
With the dead-tree ad decline in full swing, Daily Mail (LSE: DMGT) publisher DMGT took pains to stress 62 percent of its profit in the year… Read more »
Independent News & Media (INM) plans to make about 60 redundancies from its 250 Independent editorial staff by the New Year, in a US-style s… Read more »
ForbesAutos.com is being shuttered and its entire staff is being let go, a company rep said, confirming earlier reports on SAI and Gawker. T… Read more »
If you gave the B2B mag sector a health check today, it would have very weak pulse. In the last two days two of the sector’s big players ha… Read more »
A recent cost-cutting regimen at Dow Jones’ Enterprise Media Group won’t save the unit from layoffs, according to a memo obtained by Talking… Read more »
There are job cuts, and then there are BT (NYSE: BT) jobs cuts. The telecoms giant says it will shed 10,000 jobs by this time next year – ma… Read more »
Another day, another wave of newspaper staff expecting redundancy. Daily Mail (LSE: DMGT) operator DMGT is about to cut 300 in London, Guard… Read more »
CBS Interactive (NYSE: CBS), the digital arm of CBS which incorporates *CNET* now, is laying off six editorial employees for a planned music… Read more »
Update: Also gone is Kourosh Karimkhany, the VP of corp dev at CondeNet. He was responsible for some of the acquisitions the company had don… Read more »
Virgin Media (NSDQ: VMED) is to cut about 2,200 jobs in the UK by 2012 – that’s 15 percent of its workforce – in a drive to save £120 milli… Read more »
When there’s no one buying, you don’t need as many people to sell. Which may explain why NatMags’ online division Hearst Digital is restruct… Read more »
Forget the long knives; at Time Inc these days, it’s all about the memo. In the latest to hit my inbox, Brian Wolfe, president of consumer m… Read more »
Time Magazine Managing Editor Richard Stengel told his staff he needs to cut 20 jobs, asking for volunteers to raise their hands by Nov. 24… Read more »
Goes to the point that P2P is not a business model in itself, and then, of course, bad management will even make it worse: BitTorrent, the S… Read more »
Playboy’s saving grace is the power and iconography of its brand. So said CEO Christie Hefner during the company’s Q3 earnings call, in whic… Read more »
More cuts could be on the way at News International, but News Corp (NYSE: NWS) chairman and chief executive Rupert Murdoch is staying tight-… Read more »
– Online video aggregator Veoh is cutting about 20 percent of its workforce — or about 20 employees. The layoffs will impact the San Diego… Read more »
A number of larger media companies became part of the economic carnage this week — announcing show cancellations, store closings, and more… Read more »
SpotRunner, the heavily backed online and TV ad agency based in Los Angeles, is laying off about 115 people from its company, which is 30 pe… Read more »
Looking to expand its European presence, Microsoft’s Razorfish has bought Spanish digital ad shop Wysiwyg. Terms were not disclosed. But as… Read more »
The print publishing cuts just keep coming. Condé Nast plans to cut budgets company-wide by 5 percent, including scaling back the number of… Read more »
Time Inc, the biggest magazine publisher in the world, is cutting 600 jobs, about 6 percent of its total staff, NYT reported late today, and… Read more »
A day after Tribune’s Los Angeles Times swung the job axe, Gannett (NYSE: GCI) has announced plans to lay off more than 3,000 employees at i… Read more »
Just as it prepares for its 100th birthday, the Christian Science Monitor has announced it will discontinue its Monday-Friday print run and… Read more »
Now they’re cutting sinew, there’s nothing left but bone… The Los Angeles Times is cutting 75 newsroom jobs, or 10 percent of its news sta… Read more »
When it rains, it pours for regional newspapers. Now the family-owned Midlands News Association, owner of the UK’s biggest regional newspape… Read more »
One door closes and another new facility opens — at least in Yahoo’s case. AP sources say Yahoo (NSDQ: YHOO) will announce plans to build a… Read more »
– Comcast: The number one cable operator is shedding 300 jobs, Bizjournals reports. The cuts are targeted at Comcast’s Eastern Division, wh… Read more »
Online music-focused social network Imeem is on the block, according to our sources, and has hired investment banker Montgomery and Co. to l… Read more »
Newspapers are continuing to feel the pinch of the impending recession with redundancies affecting national, regional, paid-for and free tit… Read more »
More contraction in the newspaper business – FT will make up to 60 redundant, with librarians and those in the managing editor Dan Bogler’s… Read more »