Palm Cuts Undisclosed Number Of Jobs
Palm (NSDQ: PALM), the maker of Centro and Treo smartphones, said it is trimming its workforce as it faces stiff competition from Apple (NSD… Read more »
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Wasserman Lays Off 41 Percent Of Sportnet Staff To ‘Rationalize’ Business; Cuts At Media Group, Too
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 »
UK Roundup: Nothern Echo Cuts; EMI Cuts Threat; Advertisers ITV Protection Deal; ASDA’s Digital Mags
By Patrick Smith
– 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 »
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DMGT Call: Morgan Details 300 Job Cuts, Selective Hiring Freeze; ‘Yet To Monetise Mail Online’
Putting his stamp on the company almost immediately, new DMGT CEO Martin Morgan told analysts he would wring “significant revenue, cost and… Read more »
Earnings: DMGT Eyes £100 Million Savings, Digital Income Still Proportionally Small
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 »
Print Roundup: Illife Cuts 80 Jobs; Arabic Newspaper Launch; Trinity Pay Freeze
By Patrick Smith
– Cambridge News cuts: The regional newspaper casualties keep on piling up. Today it Read more »
Indie Axing Quarter Of Editorial, Says Online Requires Fewer Editors
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 »
Forbes Shuts Down Auto Site; Layoffs Hit Forbes Travel, Conference Group; TheStreet Closes SF Office
By David Kaplan
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 »
Layoffs Today: Haymarket 50; Emap Inform 40; MediaWales 7; Evening Standard 3
By Patrick Smith
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 »
Layoffs Coming At Dow Jones’ Enterprise Group
By David Kaplan
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 »
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Earnings: BT Will Cut 10,000 Jobs To Slim Costs, Networks Unit Underperforming
By Patrick Smith
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 »
Burn After Reading: More Newspaper Job Cuts Coming From DMGT?
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 Cuts Six People From Yet-To-Launch Music Site; More Layoffs To Come?
By Rafat Ali
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 »
CondéNet Cuts Jobs ‘Across The Board’; Digital Dealmaker Also Laid Off
By David Kaplan
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 Cutting 2,200 Jobs To Save £120 Million; Not Caused By Economy
By Patrick Smith
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 »
Earnings: Yell Answers Downturn With Job Cuts, Yell.com The One Shining Light
A 41 percent hike in online sales between April and September helped Yell record only a relatively modest profit fall of 2.7 percent to £… Read more »
Hearst Restructures Online Sales Team, Channel 4 Axes More Commercial Staff
By Patrick Smith
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 »
Time Inc Releases Details Of Consumer Marketing And Sales Reorg, More On Digital; 92 Laid Off
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 Inc Mags Offer Buyouts To Guild Employees: Time, SI, People Ask For 78 Volunteers
By David Kaplan
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 »
BitTorrent In Complete Disarray: President and CEO Leave; 18 Employees Laid Off
By Rafat Ali
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 »
Russian Portal Rambler Lays Off 50 Percent Of Staff After Blocked Google Deal: Reports
By Patrick Smith
Rambler, one of Russia Read more »
Earnings Call: Playboy’s Hefner: The Brand Will Get Us Through; So Will Deep Cuts And Restructuring
By Tameka Kee
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 »
United Business Media Mulling Redundancies
By Dianne See Morrison
The Read more »
Murdoch: Ad Revenue Decline To Continue At UK Newspapers, Possible Cuts On The Way
By Patrick Smith
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 »
The Axe Swings Again: Veoh Lays Off 20 Percent; LinkedIn Cuts 10 Percent
By Tameka Kee
– 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 »
THQ Shuts Down At Least Four Studios; St. John Departs WildTangent Ahead Of Layoffs
By Tameka Kee
Game publisher THQ is reportedly shuttering at least four studios and laying off quite a few staff just days before it Read more »
Latest Cutbacks Hit Big Media, From MTVN To Sony To BusinessWeek
By Tameka Kee
A number of larger media companies became part of the economic carnage this week — announcing show cancellations, store closings, and more… Read more »
Spot Runner Laying off 115 People; Looking For Strategic Options For Local Search Group
By Rafat Ali
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 »
Razorfish Buys Spanish Digital Ad Shop Wysiwyg; Lays Off 40 In New York
By David Kaplan
Looking to expand its European presence, Microsoft’s Razorfish has bought Spanish digital ad shop Wysiwyg. Terms were not disclosed. But as… Read more »
Conde Nast Scales Back Portfolio, Men’s Vogue; Layoffs Are Coming
By Tameka Kee
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 To Cut 600 Jobs, 6 Percent of Staff; Reorgs Into Three Groups
By Rafat Ali
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 »
Gannett To Slash More Than 3,000 Jobs Across Local Papers
By David Kaplan
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 »
Christian Science Monitor Drops Weekday Edition For ‘Print Weekly, Online Daily’
By David Kaplan
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 »
LA Times Cuts 75 Newsroom Jobs; 10 Percent Of News Staff Laid Off
By David Kaplan
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 »
More Newspaper Casualties: 120 Cut From UK’s Biggest Regional
By Patrick Smith
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 »
Despite Layoffs, Yahoo Slated To Set Up Major Shop In Nebraska
By Tameka Kee
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 »
Layoffs Roundup: Comcast’s 300; Ticketmaster’s 300; ManiaTV’s 20; PermissionTV’s 6; Mahalo’s 10
By David Kaplan
– Comcast: The number one cable operator is shedding 300 jobs, Bizjournals reports. The cuts are targeted at Comcast’s Eastern Division, wh… Read more »
Music Social Network Imeem In Play; Hires Bank; Laying Off 25 Percent
By Rafat Ali
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 »
Newspaper Job Cuts Continue To Rise; Is Bingo The Answer?
By Patrick Smith
Newspapers are continuing to feel the pinch of the impending recession with redundancies affecting national, regional, paid-for and free tit… Read more »
Thomson Reuters Plans ‘Relentless’ Cost Cutting In Downturn, Still Optimistic
By Patrick Smith
Thomson Reuters (NASDAQ: TRIN) has promised to Read more »
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