AOL Inc. is eliminating about 500 positions at its struggling Patch local-news business, or close to half of the division’s more than 1,000 employees, according to a person with knowledge of the decision.About 350 people will lose their jobs today, and roughly 150 will be asked to stay for 60 more days as the company seeks partners for some of the 900 Patch sites, said the person, who asked not to be identified because the matter is confidential. Chief Executive Officer Tim Armstrong, who apologized this week for firing a staff member in front of colleagues, announced the job cuts this morning to Patch workers.Mr. Armstrong, who has said he aims to make Patch profitable by the end of the year, told the staff last week that 400 sites would close down or look for partners, such as other local-news publishers. Today, Mr. Armstrong told employees the company may shutter as many as 20% of the Patch sites, with another 20% destined for partnerships or consolidation, the person said.Patch, which covers school-board meetings, local businesses and other neighborhood stories, has been a costly part of AOL’s strategy to transform the dial-up provider into an advertising-driven content publisher. The company has spent more than $300 million developing the sites, which serve communities and neighborhoods across the country.“Patch’s strategy will be to focus resources against core sites and partner in sites that need additional resources,” AOL said today in an e-mailed statement. “The... Continue reading at 'Crains New York'
[ Crains New York | 2013-08-16 00:00:00 UTC ]
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We interviewed Sarah Taylor, group marketing manager at Troubador Publishing Group about her role. Continue reading at The Bookseller
[ The Bookseller | 2016-07-14 00:00:00 UTC ]
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We asked Maddie Jane, sales development officer at the Bible Reading Fellowship about her role. Continue reading at The Bookseller
[ The Bookseller | 2016-07-14 00:00:00 UTC ]
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Libraries across the country continue to be threatened with closure, with councils proposing to close 22 venues altogether across Swindon, Gateshead and Coventry. Continue reading at The Bookseller
[ The Bookseller | 2016-07-08 00:00:00 UTC ]
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Amazon is creating 1,000 new permanent jobs in the UK, on top of the 2,500 roles previously announced in January, as it gears up for its “biggest Christmas ever”. Continue reading at The Bookseller
[ The Bookseller | 2016-07-08 00:00:00 UTC ]
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Chancellor George Osborne has pledged to cut corporation tax from 20% to 15% to encourage businesses to keep investing in the UK, according to news reports. Continue reading at The Bookseller
[ The Bookseller | 2016-07-05 00:00:00 UTC ]
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Oxford University Press has decided to outsource some of its technology services to Cognizant Technology Solutions as it moves towards becoming “a more digital business”. Continue reading at The Bookseller
[ The Bookseller | 2016-06-17 00:00:00 UTC ]
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Waterstones boss James Daunt has sent a stark email to employees warning that if the UK leaves Europe, the “brutal reality" is that the retailer would be forced to axe jobs. Continue reading at The Bookseller
[ The Bookseller | 2016-06-15 00:00:00 UTC ]
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This week Laure Deprez, editor, Jacaranda Books talks about her role and gives advice for those looking for a job in books. Continue reading at The Bookseller
[ The Bookseller | 2016-06-11 00:00:00 UTC ]
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This week's My Job in 5 is with My Job in 5; Sophie Schrey, senior editor, Buster Books, the children's imprint of Michael O'Mara. Here's what she had to say about her role. Continue reading at The Bookseller
[ The Bookseller | 2016-06-08 00:00:00 UTC ]
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Universities are taking different approaches to handling shrinking budgets, from cutting back on staff to expecting presses to rely more on their own resources. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-06-03 00:00:00 UTC ]
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Waterstones is to stop selling ebooks from its website and instead divert customers to Kobo’s reading platform for digital sales. Continue reading at The Bookseller
[ The Bookseller | 2016-05-24 00:00:00 UTC ]
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This week Anna Cunnane, export sales manager at Kyle Books tells us about her role and why she rates joining the SYP. Continue reading at The Bookseller
[ The Bookseller | 2016-05-24 00:00:00 UTC ]
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Educational publishers have raised concerns over the BBC’s revision platform Bitesize, after the organisation launched a free app with cross-promotion on BBC TV and Radio. Continue reading at The Bookseller
[ The Bookseller | 2016-05-19 00:00:00 UTC ]
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An unconfirmed number of jobs are under consultation at Oxford University Press's English Language Teaching division, the publisher has confirmed. Continue reading at The Bookseller
[ The Bookseller | 2016-05-17 00:00:00 UTC ]
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Grammy Award–winning rock-and-roll musician Kenny Loggins isn’t nervous about performing today, at 1 p.m., at the Quarto Publishing Group’s booth (2300, 2301), where the company’s 40th anniversary party will be in full swing. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-05-12 00:00:00 UTC ]
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Describe your role I assist on specialist digital projects across the four imprints of Kings Road Publishing: Blink, Templar, Studio Press and Weldon Owen. My role enables me to work on a wide spectrum of exciting projects, from app scoping and testing, to ebook management and sales reports,... Continue reading at The Bookseller
[ The Bookseller | 2016-05-11 00:00:00 UTC ]
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This week I asked Jodie Mullish, Communications Director at Bluebird, Pan Macmillan about her role and what advice she had for those looking for a job in publishing. Continue reading at The Bookseller
[ The Bookseller | 2016-04-30 00:00:00 UTC ]
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Northern & Shell puts 2015 losses down to cutting prices of Star and Express titles and significant investment in digital publishingRichard Desmond’s Northern & Shell fell to a £25m loss last year after embarking on costly tabloid price cuts and boosting investment in digital... Continue reading at The Guardian
[ The Guardian | 2016-04-29 00:00:00 UTC ]
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The digital media company is ‘very comfortable’, it told the Financial Times, despite a report that internal financial targets were missed by over $80mBuzzFeed missed internal financial targets in 2015 and had to substantially cut its projected revenue by about half according to a report... Continue reading at The Guardian
[ The Guardian | 2016-04-13 00:00:00 UTC ]
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I Interviewed Miles about his role heading up York Literature Festival and how he sees the festival expanding. He also has some great advice for those looking for a job in books. Continue reading at The Bookseller
[ The Bookseller | 2016-04-12 00:00:00 UTC ]
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