Evening Standard to cut 115 jobs as Covid-19 hits advertising

Print edition of London paper will remain but focus will shift to digital and mobile platformsCoronavirus – latest updatesSee all our coronavirus coverageThe Evening Standard is to cut 115 jobs, a third of its staff, as the London freesheet seeks a dramatic reduction in costs to survive the coronavirus pandemic.The newspaper has been hit particularly hard by the coronavirus pandemic as it relies on advertising for 80% of its revenues. The Evening Standard was already struggling before advertisers pulled or froze their budgets during the pandemic, running up losses of £40m over the last three years. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2020-08-07 10:58:35 UTC ]
News tagged with: #coronavirus pandemic #evening standard #latest updatessee #dramatic reduction

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Study: Facebook ad targeting may discriminate—even when advertisers don’t want it to

Despite researchers’ efforts to target every race equally, they found that Facebook’s platform targeted by race anyway A new research paper published on Wednesday shows that Facebook’s ad targeting can discriminate by race and gender, even when advertisers request that their ads should be shown... Continue reading at Fast Company

[ Fast Company | 2019-04-04 00:00:00 UTC ]
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Quiller bags memoir by ex-spy and Evening Standard owner Lebedev

Quiller has scooped a memoir by Alexander Lebedev, ex-KGB spy, oligarch and owner of the Evening Standard and Independent. Continue reading at The Bookseller

[ The Bookseller | 2019-03-07 00:00:00 UTC ]
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BuzzFeed loses 11 staff in Australia amid global job cuts

Reporter says every member of the news team received a letter about redundancies on Tuesday morningThe Australian arm of BuzzFeed will have to cut 11 staff as a global downsizing strategy targets 200 of the digital publisher’s international workforce.BuzzFeedOz news reporter Alice Workman said... Continue reading at The Guardian

[ The Guardian | 2019-01-29 00:00:00 UTC ]
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Quarto confirms four UK job cuts

Four jobs have gone in the UK as part of the recent round of job cuts revealed with the company's half-year results yesterday, a Quarto spokesperson has confirmed. Continue reading at The Bookseller

[ The Bookseller | 2018-09-19 00:00:00 UTC ]
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Quarto reports 'encouraging' first half, but cuts jobs and closes Minneapolis office

Quarto has reported an "encouraging" trading performance for the first six months of 2018, including a group revenue rise of 12% year-on-year to $56.2m (2017: $50.2m) and an improved gross profit margin of 50.1% (2017: 48.2%). Continue reading at The Bookseller

[ The Bookseller | 2018-09-18 00:00:00 UTC ]
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Meredith plans to sell off Time, Fortune and Sports Illustrated and cut 1,000 jobs

Meredith Corp., which bought Time Inc. and its stable of magazines in January, plans to sell the flagship publication Time, as well as Sports Illustrated, Fortune and the Money brand, after completing a review of the $1.8-billion deal. The company also intends to eliminate about 1,000 jobs over... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-03-22 00:00:00 UTC ]
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Weekly E-Ranking: Hachette job sees McDermid hit number one

Val McDermid has gone straight to number one in her first appearance in The Bookseller’s Weekly E-Book Ranking. Continue reading at The Bookseller

[ The Bookseller | 2017-09-08 00:00:00 UTC ]
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Pearson to Cut 3,000 More Jobs

The worldwide educational publisher hopes to save 300 million pounds over the next three years by reducing headcount. Pearson also reported that sales at PRH fell slightly in the first half of 2017, but that profits rose. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-04 00:00:00 UTC ]
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Open Book closes as library centralisation and cuts hit

A government move to offer library supply contracts to foreign firms has spelled the end for the 27-year-old Open Book Company, with six roles affected and the wider trade outraged. Continue reading at The Bookseller

[ The Bookseller | 2017-07-03 00:00:00 UTC ]
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Magazine publisher Time Inc. cutting 300 jobs globally

Magazine publisher Time Inc. says it's cutting 300 jobs via buyouts and layoffs as it struggles to adjust to an increasingly digital world Continue reading at ABC News

[ ABC News | 2017-06-14 00:00:00 UTC ]
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'Evening Standard' makes claims for new PRH office location

The London Evening Standard has claimed that Penguin Random House UK is “eyeing plush new offices in Nine Elms” in the Southbank regeneration area in London SW8. Continue reading at The Bookseller

[ The Bookseller | 2017-05-06 00:00:00 UTC ]
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My Job in 5; Marion Rankine, Head of Promotions and Retail standards, Foyles

Describe your role I work closely with the shop managers to plan and maintain promotional spaces across our flagship store in Charing Cross Road. I spend most of my time picking titles for displays, installing and merchandising them, organising signage and planning future promotions with staff... Continue reading at The Bookseller

[ The Bookseller | 2016-09-13 00:00:00 UTC ]
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Pearson UK 'ahead of plan' on 2016 job cuts

A spokesperson for Pearson UK has said the company is "80% of the way there and ahead of plan" on its latest job-cutting restructure, as the wider company looks to make £250m annualised cost savings globally this year plus a further £100m in 2017. Continue reading at The Bookseller

[ The Bookseller | 2016-07-15 00:00:00 UTC ]
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Scotsman staff threaten strike action over job cuts

More than 30 jobs set to be axed across parent company Johnston Press’s Scottish operationStaff at the Scotsman are gearing up for strike action as more than 30 jobs look set to go across parent company Johnston Press’s Scottish operation.The regional newspaper publisher is seeking to cut about... Continue reading at The Guardian

[ The Guardian | 2016-02-04 00:00:00 UTC ]
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Pearson restructure to hit 500 UK jobs

Pearson is set to axe 500 jobs in the UK as part of its restructure this year, The Bookseller understands. Continue reading at The Bookseller

[ The Bookseller | 2016-01-22 00:00:00 UTC ]
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Pearson to cut 4,000 jobs after second profit warning in three months

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[ The Guardian | 2016-01-21 00:00:00 UTC ]
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Canada's largest newspaper publisher cuts jobs and merges newsrooms

90 staff to go as Postmedia deals with falling revenue by creating joint operationsCanada’s largest newspaper chain, Postmedia Network, is cutting 90 staff and merging newsrooms to cope with declining revenue and heavy indebtedness.In Vancouver, Calgary, Edmonton and Ottawa – cities where... Continue reading at The Guardian

[ The Guardian | 2016-01-20 00:00:00 UTC ]
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Fifty jobs may go as Glasgow libraries cut £2.4m

More than 50 jobs may be lost at Glasgow's libraries after £2.4m worth of cuts have to be made. Continue reading at The Bookseller

[ The Bookseller | 2015-11-10 00:00:00 UTC ]
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Daily Mail publisher hit by fall in print advertising

DGMT share price drops 9% after ‘marked deterioration’ in advertising revenue for flagship print titlesShares in the Daily Mail’s parent company have slumped 9% after it reported a fall in print advertising revenues at its flagship national newspapers. Advertising revenues at the Daily Mail and... Continue reading at The Guardian

[ The Guardian | 2015-07-23 00:00:00 UTC ]
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Two jobs cut at Egmont marketing

Egmont UK is cutting two roles in its marketing team following last year’s merger of its two book businesses.   Sales, marketing and PR director Ingrid Gilmore confirmed that two employees will be made redundant, saying: “The restructure means that the marketing team will now consist of five... Continue reading at The Bookseller

[ The Bookseller | 2014-11-27 00:00:00 UTC ]
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