Jeff Roberts
Jan 26, 2012 10:25 AM
Bleacher Report is using part of the $22 million cash infusion it received last summer to hire twenty bona fide writers. The move will likely improve the quality of the popular site which now relies almost exclusively on rabid fans to churn out buckets of barstool-style sports chatter.
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Advertising, Jobs & Layoffs, Media & Publishing, Companies, Yahoo, bleacher report
Tom Krazit
Jan 6, 2012 4:34 PM
Sprint (NYSE: S) is retrenching a bit following an exhausting year for the company, combining its consumer and business divisions in a move designed to save cash that also recognizes the nature of the modern smartphone buyer.
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Industry Moves, Jobs & Layoffs, Technologies / Formats, 4G, Companies, Sprint
David Kaplan
Nov 11, 2011 7:51 PM
CNN is cutting dozens of editorial jobs following a three-year review of its “workflow” operations, TV Newser reported. According to a memo obtained by paidContent and attributed to CNN SVP Jack Womack, technology and user-gen has made the network a little less reliant on editorial staffers, particularly photojournalists.
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Jobs & Layoffs, Media & Publishing, TV, Cable & Telecom, Companies, Time Warner, Turner
Tom Krazit
Oct 31, 2011 11:23 AM
Around 800 workers at Motorola (NYSE: MMI) won’t ever get to experience life as a Google (NSDQ: GOOG) employee, unless they join the search giant in the more traditional fashion. As the months tick away following Google’s announcement that it intended to purchase the handset maker, Motorola’s profits are still…
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Gadgets, Jobs & Layoffs, Mobile, Companies, Motorola
David Kaplan
Oct 13, 2011 3:31 PM
Following recent warnings of Q3 revenue declines due to the weak economy, The New York Times Co. (NYSE: NYT) is looking to cut 20 newsroom jobs by the end of the year, the NYT reported. The cuts would come through buyouts, as recently installed editor Jill Abramson said in a…
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Advertising, Jobs & Layoffs, Media & Publishing, Newspapers, Companies, New York Times, jill abramson
John Plunkett
MediaGuardian
Oct 6, 2011 6:47 AM
The BBC will axe nearly 2,000 jobs as it looks to save £670m a year in long-awaited cost-cutting plans announced on Thursday morning.
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Entertainment, Music, Sports, Jobs & Layoffs, Media & Publishing, Radio, TV, Broadcast, Money, Companies, BBC
Ingrid Lunden
Sep 29, 2011 6:27 AM
No one ever said turnarounds were easy, and Nokia (NYSE: NOK)—currently the world’s largest handset maker—is one big ship. Today the company announced that it would be downsizing its manufacturing, as well as its mapping and commerce divisions, which will result in job losses totalling 3,500.
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Jobs & Layoffs, Marketing, Mobile, Social Media, Technologies / Formats, Companies, HTC, Microsoft, Windows Phone, Nokia, Samsung, Countries, Europe, Germany, Finland, Asia, location, maps, mobile payments, navteq, nfc
Staci D. Kramer
Jul 25, 2011 8:25 AM
Those “cost optimization” plans promised by Research in Motion (NSDQ: RIMM) last month have kicked into gear. The company will lay off 10 percent of its global workforce—roughly 2,000—with notices started in Canada, the U.S. and some other countries this week, and reorganize some of the deck chairs at the…
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Industry Moves, Jobs & Layoffs, Mobile, Companies, RIM, Countries, Canada, jim balsillie, mike lazaridis
Ingrid Lunden
Jul 20, 2011 12:55 PM
Another day, another publisher looking to take a step away from print. Future Publishing (LSE: FUTR), the UK-based special-interest magazine publisher, is looking to sell or close eight print titles and lose 100 staff, as it looks to stem a decline in revenues, particularly in the U.S., and continue its…
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Advertising, Apps, Jobs & Layoffs, Media & Publishing, Magazines, Companies, Future Publishing
David Kaplan
Jul 18, 2011 5:07 PM
After preparing observers for massive layoffs last week, Cisco (NSDQ: CSCO) says it will cut 6,500 jobs, or roughly nine percent of it global workforce, the company announced. Included in the 6,500 will be about 2,100 staffers who took a voluntary buyout. The San Jose, CA.-based company expects to absorb…
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Jobs & Layoffs, cisco, foxconn
David Kaplan
Jul 1, 2011 3:37 PM
NBC Universal (NSDQ: CMCSA) Digital Studio, three-year-old unit charged with creating original web content, will cease operations over the next few months, Ad Age reported. NBCU parent Comcast wants to shift its online resources to better support existing broadcast and cable programming. About 11 jobs are being eliminated, including that…
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Advertising, Jobs & Layoffs, Marketing, Media & Publishing, TV, Broadcast, Social Media, Video, Companies, Comcast, NBC Universal, NBC
Robert Andrews
Jun 28, 2011 5:19 PM
Several parties are still negotiating to buy all or part of MySpace (NSDQ: NWS), building to a possible conclusion before News Corp.‘s fiscal quarter closes at the end of the week. At the same time, MySpace is slashing costs with yet another major staff cut: paidContent has learned that likely…
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Jobs & Layoffs, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, News Corp., MySpace
Tom Krazit
Jun 16, 2011 4:37 PM
Research in Motion (NSDQ: RIMM) warned us in April that its first-quarter revenue and earnings would be lighter than it had originally thought, and it wasn’t kidding. First-quarter revenue was just $4.9 billion, missing analyst expectations by a wide margin although it managed to slightly exceed lowered expectations for earnings…
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Apps, Gadgets, Tablets, Jobs & Layoffs, Mobile, Money, Companies, RIM, BlackBerry
Matt Goldberg
Lonely Planet
May 13, 2011 4:27 AM
[Detail of how Lonely Planet is moving its digital team out of Melbourne] Hi everyone, Today we are making some changes to our organisation that will affect everyone at Lonely Planet, directly or indirectly, in order to reposition us to return to profitability while staying true to what we do…
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Jobs & Layoffs, Companies, BBC, BBC Worldwide, lonely planet
Joseph Tartakoff
Mar 11, 2011 6:24 PM
Considering the amount of cash Google (NSDQ: GOOG) is spending on retaining employees, it only makes sense that it would reward its top executives handsomely too, right? The company said in an SEC filing this afternoon that it had handed out nearly $8 million in cash bonuses and $50 million…
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Jobs & Layoffs, Money, Companies, Google
Robert Andrews
Mar 10, 2011 2:56 PM
Update: CEO Tim Armstrong’s full memo to staffers.
AOL (NYSE: AOL) will make no job cuts in Europe, the company tells paidContent:UK, despite a 900-person cull that will include 200 lost from its U.S. media and technology groups plus 400 laid off and 300 outsourced in India.
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Jobs & Layoffs, Companies, AOL, Countries, Europe, huffington post media group
David Kaplan
Mar 10, 2011 8:52 AM
Update: CEO Tim Armstrong’s full memo to staffers. AOL (NYSE: AOL) CEO Tim Armstrong took the stage at Bloomberg Media Summit and confirmed last night’s big news: the company is cutting 900 jobs; in India, 400 people were laid off and 300 jobs were outsourced and in the U.S., 200…
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Advertising, Jobs & Layoffs, Events, Bloomberg Media Summit, Companies, AOL, Countries, Asia, India, huffington post, huffington post media group, tim armstrong
Staci D. Kramer
Mar 9, 2011 11:05 PM
Last week, AOL (NYSE: AOL) CEO Tim Armstrong told the crowd at paidContent 2011 that layoffs—aka “job changes”—were coming following the $315 million deal to acquire the Huffington Post. The layoffs started Thursday in India, where AOL’s operations are being dramatically downsized: 400 jobs lost, 300 outsourced, roughly 200 remaining,…
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Jobs & Layoffs, Events, ContentNext Events, paidContent 2011, Companies, AOL, Countries, Asia, India, arianna huffington, huffington post, huffington post media group, tim armstrong
Joseph Tartakoff
Mar 2, 2011 12:30 PM
Mahalo, one of the sites reportedly most affected by Google’s move last week to penalize sites with low-quality content, is laying off 10 percent of its employees. In a message (via Center Networks) CEO Jason Calacanis and president Jason Rapp say the “changes have led to a significant dip in…
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Jobs & Layoffs, Search, Companies, Google, mahalo
Joseph Tartakoff
Feb 8, 2011 4:47 PM
RealNetworks (NSDQ: RNWK), which has been undergoing an aggressive restructuring under CEO Bob Kimball, is cutting 130 jobs, or 10 percent of its workforce. This is the third round of layoffs since Kimball replaced long-time CEO Rob Glaser a year ago; the company cut 60 jobs in March and eliminated…
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Jobs & Layoffs, Companies, RealNetworks
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