AOL to cut 500 jobs at Patch

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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Gliori in protest over school librarian cuts

Children's author and illustrator Debi Gliori has joined a protest calling for Argyll and Bute school librarians to be saved.   Continue reading at The Bookseller

[ The Bookseller | 2015-12-30 00:00:00 UTC ]
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Creative Scotland 'will not pass on government funding cut'

The board of Scottish arts development body Creative Scotland has said it will not pass on the 3.6% funding cut planned by Scottish government for 2016/17 to its regularly funded organisations. Continue reading at The Bookseller

[ The Bookseller | 2015-12-24 00:00:00 UTC ]
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Rodale Continues Reorganization With Senior-Level Cuts

Publishing director Chris Lambiase and other SVP's are among those on their way out. The post Rodale Continues Reorganization With Senior-Level Cuts appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2015-12-19 00:00:00 UTC ]
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GBBO winner Nadiya cuts deal with Michael Joseph

Winner of the Great British Bake Off 2015, Nadiya Hussain, will be publishing her "dream" debut cookbook with Michael Joseph. Continue reading at The Bookseller

[ The Bookseller | 2015-12-18 00:00:00 UTC ]
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BISG to Add More Than 500 New BISACS in 2016

The big change for BISACs in 2016 is new way categories for young adult titles, adding much more granularity to formerly broad categories. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-12-11 00:00:00 UTC ]
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Penguin blames likely job losses on rise of ebooks

Publisher wants to cut 225 jobs from Warwickshire warehouse, where books are distributed, owing to decline in demandReaders’ preference for ebooks has been blamed for 225 potential job losses after publisher Penguin Random House announced cuts that leave staff facing an anxious Christmas.The... Continue reading at The Guardian

[ The Guardian | 2015-12-07 00:00:00 UTC ]
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255 jobs at risk at PRH Rugby site

Penguin Random House is proposing to close its distribution centre in Rugby, with all its 255 employees put at risk of redundancy. The publisher has made the “difficult” but “necessary” proposal to close the site in Central Park, Rugby, in early 2019 following an “extensive strategic review”... Continue reading at The Bookseller

[ The Bookseller | 2015-12-05 00:00:00 UTC ]
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San Bernardino victim was passionate about job and politics, friend says

A 52-year-old Colton resident was among the 14 people killed Wednesday in the San Bernardino shooting rampage, according to a Facebook post by his wife. “My husband, Nicholas Thalasinos, was killed in the shooting,” wrote Jennifer Thalasinos, a second-grade teacher for the Colton Joint Unified... Continue reading at Los Angeles Times

[ Los Angeles Times | 2015-12-04 00:00:00 UTC ]
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Now Boris Johnson must tackle Newsquest over lost jobs

London assembly urges mayor to express his concern to newspaper publisher I wrote yesterday about a London Assembly motion that attacked the regional newspaper publisher Newsquest/Gannett for its cutbacks and restructuring.That motion was passed by the assembly unanimously today (Wednesday). It... Continue reading at The Guardian

[ The Guardian | 2015-12-02 00:00:00 UTC ]
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AOL's Periscope Rival Signs First Moneymaking Brand Deal

AOL has a live-streaming app, too. A couple months after it acquired mobile app maker Kanvas Labs in August, it released an updated version of Kanvas' photo-and-video-sharing app that added live-streaming to rival Twitter's Periscope, Meerkat and Facebook Live. And now it's signed its first... Continue reading at Advertising Age

[ Advertising Age | 2015-12-01 00:00:00 UTC ]
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Boris Johnson urged to express concern over Newsquest cuts

London Assembly members call on mayor to complain to chief executiveA motion attacking the regional newspaper publisher Newsquest/Gannett for its cutbacks has been tabled for discussion at tomorrow’s (Friday’s) London Assembly.The motion, which criticises job cuts at a range of London weekly... Continue reading at The Guardian

[ The Guardian | 2015-12-01 00:00:00 UTC ]
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Book trade braced for Spending Review cuts

The Publishers Association said it is “not expecting good news” from the Chancellor’s Spending Review tomorrow, while library campaigners have warned that further cuts to local councils could “all but destroy the public library service as we know it.” Continue reading at The Bookseller

[ The Bookseller | 2015-11-24 00:00:00 UTC ]
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My Job In 5: David Cox, digital products director, Taylor & Francis

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[ The Bookseller | 2015-11-14 00:00:00 UTC ]
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Winterson warns against further cuts to the arts

Jeanette Winterson has said that as a society "we've got our values all wrong" as she warned against further cuts to the arts ahead of the Chancellor’s autumn statement on 25th November. Continue reading at The Bookseller

[ The Bookseller | 2015-11-14 00:00:00 UTC ]
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Indigo Cuts Quarterly Loss as Sales Jump

Double digit growth in its general merchandise operation plus increases in its core book business led to a 8.8% increase in revenue at Indigo for its second quarter ended September 26, 2015 compared to last year’s second period. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-11-03 00:00:00 UTC ]
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My Job in 5: Keara Donnachie, Marketing and publicity, Sandstone Press

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[ The Bookseller | 2015-10-27 00:00:00 UTC ]
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[ The Bookseller | 2015-10-17 00:00:00 UTC ]
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[ The Bookseller | 2015-10-10 00:00:00 UTC ]
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Google AMP battles ad-blocking, Apple and Facebook by cutting load times

Search company unveils Accelerated Mobile Pages in bid to work with publishers, ad companies and rival platforms Google is attempting to counter the threat from ad-blocking and rivals Facebook and Apple by radically improving the loading speed of web pages on smartphones and tablets.Accelerated... Continue reading at The Guardian

[ The Guardian | 2015-10-07 00:00:00 UTC ]
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My Job In 5: John Chrimes, Freelance ELT writer

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[ The Bookseller | 2015-10-03 00:00:00 UTC ]
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