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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Might be time to update the ol' resume! The magical gigs in these manga might make you want to ditch that nine-to-five. Continue reading at Book Riot
[ Book Riot | 2020-11-30 11:39:00 UTC ]
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Bloomsbury has announced it will repay almost £700,000 to staff who took a pay cut during the first months of the pandemic, following the publisher's most succesful interim results since 2008. Continue reading at The Bookseller
[ The Bookseller | 2020-11-03 08:01:03 UTC ]
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Last spring, Pan Macmillan announced the creation of One Boat, a new sustainability imprint from the team behind Bluebird. Its name references the power of “one—the idea that one person can make a significant impact; and that one changed habit can make a big difference”. Continue reading at The Bookseller
[ The Bookseller | 2020-11-01 23:08:18 UTC ]
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Cambridge University Press has confirmed it is consulting on shedding jobs in two areas of the organisation, in a development that is separate to its recently revealed merger with exams body Cambridge Assessment. Continue reading at The Bookseller
[ The Bookseller | 2020-10-28 12:22:34 UTC ]
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The cuts are the biggest since the surge in employees at the time of the Time Warner acquisition in 2018. Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2020-10-26 17:04:42 UTC ]
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In this David-versus-Goliath battle, mom-and-pop bookstores wrapped themselves in Amazon's familiar brown cardboard as a protest against the retail giant and a plea to shop local. The Instagram-ready stunt, with Amazon lookalike boxes covered in sick literary burns and topical quips, came... Continue reading at AdWeek
[ AdWeek | 2020-10-19 20:06:41 UTC ]
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Plus: Barnes and Noble got hacked, Zoom adds real end-to-end encryption, and more of the week's top security news. Continue reading at Wired
[ Wired | 2020-10-17 13:00:00 UTC ]
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“You think you’ve known someone for a long time,” a character in one of Jenny Bhatt’s short stories says of her Indian colleague shortly after he’s shot dead by a white man in a bar. “Maybe he never really took to us. Never really became one of us.” Turn by turn, each of his white […] The post... Continue reading at Electric Literature
[ Electric Literature | 2020-10-13 11:00:00 UTC ]
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The Victoria & Albert Museum is closing its dedicated bookshop and making 103 roles redundant across its retail and visitor experience teams as the Covid-19 crisis hits its finances. Continue reading at The Bookseller
[ The Bookseller | 2020-10-05 09:58:53 UTC ]
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Are you happy in your current book world job? Do you arise each morning with a sense of purpose? Does social isolation, political turmoil, and inclement fall weather agree with you? Can you turn up to work barefoot and go snorkeling on your lunch break? If you answered “no” to any of the above... Continue reading at Literrary Hub
[ Literrary Hub | 2020-09-24 16:47:43 UTC ]
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Chancellor Rishi Sunak's new Job Support Scheme has been broadly welcomed by the Publishers Association and Creative Industries Federation. Continue reading at The Bookseller
[ The Bookseller | 2020-09-24 06:13:43 UTC ]
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With so many contemporary memoirs devoted to the sins of the author’s mother, a focus on a loving dad seems a welcome change. Continue reading at The Washington Post
[ The Washington Post | 2020-09-23 05:01:31 UTC ]
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Harper Inspire's marketing and publicity manager Bengono Bessala – who first started working at the company as a trainee and is now a 2020 Rising Star – shares her top tips for securing a job after an internship. Continue reading at The Bookseller
[ The Bookseller | 2020-09-03 07:33:01 UTC ]
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Biblical scholars offer fresh insights this fall on the miserable, defiant, fascinating Job and the contesting messages across time in translations of the Book of Job. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-08-24 04:00:00 UTC ]
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Launching a digital media company looking to take over the role of local newspapers is a tricky undertaking, even without calculating a looming recession. The post ‘This is not your grandfather’s Patch’: Lookout Local wants to be the modern local news of Santa Cruz appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2020-08-17 04:01:53 UTC ]
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Seeing unexpected pairings of readers and books quickly dispels the idea of who reads what• Time to reset: more brilliant ideas to remake the worldI have a party trick. If you name three books you like and two you hate, I can write you a reading list of 10 books you will love.I’ve gained this... Continue reading at The Guardian
[ The Guardian | 2020-08-15 10:00:40 UTC ]
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Annabelle Wright, campaigns manager for ed public relations, talks to The Bookseller for My Job in Five. Continue reading at The Bookseller
[ The Bookseller | 2020-08-14 02:37:10 UTC ]
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More than 2,500 people have signed an open letter expressing concern about “brutal” plans to make up to 400 people redundant at the Southbank Centre. Continue reading at The Bookseller
[ The Bookseller | 2020-08-04 16:31:29 UTC ]
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After more than 20 years in production, Oprah Winfrey's eponymous magazine O, The Oprah Magazine, will reconsider how often it prints in 2021. The magazine, which launched in 2000 in conjunction with Hearst Magazines, was an expansion of Winfrey's "Live your best life" motto. It is scheduled for... Continue reading at AdWeek
[ AdWeek | 2020-07-28 19:52:06 UTC ]
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Picador Books' commissioning editor Kishani Widyaratna steps up to the plate for My Job in Five. Continue reading at The Bookseller
[ The Bookseller | 2020-07-21 23:32:24 UTC ]
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