Future sets aside £4.9m for job cuts and unused property

Magazine publisher Future expects to pay out up to £4.9m to cover redundancies and unused property, according to a trading update released today. Continue reading at 'Media Week'

[ Media Week | 2011-09-28 00:00:00 UTC ]
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News Corp cuts more jobs, this time at its metropolitan newspapers

Herald Sun, Daily Telegraph and Australian newsrooms to be reshaped as the company moves away from print to focus on digitalNews Corp has made more job cuts, this time to its metropolitan mastheads, as the company again signals it is moving away from print to become “much more focused on... Continue reading at The Guardian

[ The Guardian | 2020-06-09 09:47:40 UTC ]
More news stories like this | News stories tagged with: #metropolitan newspapers #herald sun #daily telegraph #job cuts #metropolitan mastheads #executive chairman #michael miller #news corp


News Corp to cut hundreds of jobs in move towards digital-only publishing

Publisher of the Australian, the Daily Telegraph and the Herald Sun is expected to stop publishing as many as 100 titles News Corp Australia is poised to cut hundreds of jobs as it moves towards digital-only publishing for many of its local and regional papers and more copy sharing among its... Continue reading at The Guardian

[ The Guardian | 2020-05-27 10:53:51 UTC ]
More news stories like this | News stories tagged with: #stop publishing #cut hundreds #daily telegraph #herald sun #regional papers #metropolitan mastheads #executive chairman #michael miller #news corp


Cuts at The Atlantic Set Off Alarm Bells for the Industry

Even as layoffs, pay cuts and indefinite furloughs become an almost daily occurrence in the media industry, news about such developments grows no less tragic and alarming. Such was the case Thursday morning, when Atlantic Media chairman David Bradley revealed in a staff memo that, despite... Continue reading at Folio Magazine

[ Folio Magazine | 2020-05-21 16:30:08 UTC ]
More news stories like this | News stories tagged with: #financially viable #full ownership #feel optimistic #monthly traffic #audience growth


Gannett: ‘Frontline’ reporting jobs will be last to get cut

Newspaper chain GateHouse and USA Today publisher Gannett recently combined to become the largest newspaper publisher in the U Continue reading at ABC News

[ ABC News | 2019-12-08 16:55:55 UTC ]
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Dover Cutting Jobs as Part of Restructuring

Dover's decision to restructure its frontlist is being accompanied by layoffs that parent company LSC Communications said are needed to align its costs structure. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-11-12 05:00:00 UTC ]
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Deutsche Bank considering cutting more floors at future Columbus Circle home: report

could reportedly further shrink its future offices at the Time Warner Center amid a global restructuring.  The embattled financial institution signed a lease in May 2018 to move into a roughly 1.1... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2019-07-30 12:59:30 UTC ]
More news stories like this | News stories tagged with: #deutsche bank #future offices #global restructuring #time warner


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 ]
More news stories like this | News stories tagged with: #digital publisher #tuesday morning #latest round


Jobs set to go at Head of Zeus

A redundancy process has begun at independent Head of Zeus, with a number of posts involved, The Bookseller understands. Continue reading at The Bookseller

[ The Bookseller | 2018-12-15 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 ]
More news stories like this | News stories tagged with: #quarto reports #trading performance


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 ]
More news stories like this | News stories tagged with: #bought time #sports illustrated #meredith corp


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 ]
More news stories like this | News stories tagged with: #profits rose


Alward signs new series with S&S set in near-future

The Potion Diaries author Amy Alward has signed a new series with Simon & Schuster, set in a near-future society where mobile phones have been replaced by “smart pets”. Continue reading at The Bookseller

[ The Bookseller | 2017-07-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #simon schuster #mobile phones


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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In Face of NEA Cuts, Small Presses Worry About Their Futures

The elimination of the NEA, which is proposed in President Trump's just-released budget plan, could have a severe ripple effect on independent publishing, as hundreds of small presses depend on funding from the NEA to stay afloat. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #president trump #independent publishing #stay afloat


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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Protecting Intellectual Property Remains the Top Job for Association of American Publishers

The publishing industry's trade association had a busy year protecting copyright in a changing market. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-02-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #trade association #top job #american publishers #publishing industry #changing market


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 ]
More news stories like this | News stories tagged with: #job cuts


4,000 jobs to go in Pearson shake-up

Education publisher Pearson says it is to shed 10% of its worldwide workforce in an effort to cuts costs. Continue reading at BBC News

[ BBC News | 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 ]
More news stories like this | News stories tagged with: #falling revenue #postmedia network #merging newsrooms #declining revenue #daily papers