At least 85 New York Times employees applied for voluntary buyouts by yesterday's deadline, falling short of the number the newspaper publisher said was needed to avoid firings, according to a union representative.Grant Glickson, the chairman of the New York Times unit of the Newspaper Guild of New York, said in a phone interview yesterday that 62 guild members and at least 23 non-union employees that he knows of had applied by yesterday's deadline, which was 5 p.m. New York time. At least 31 guild members have been approved for the buyouts so far, he said.New York Times Co. has said there will be forced cuts if about 100 jobs can't be eliminated through buyouts, as digital businesses have struggled to make up for declines in print. Glickson said the number of job cuts could fluctuate based on the salaries of those who applied for buyouts. He estimated that 15 to 25 people may be fired based on the projected shortfall, the likelihood of the company denying some buyout requests and the probability that some employees will rescind their applications. Continue reading at AdAge.com Continue reading at 'Advertising Age'
[ Advertising Age | 2014-12-02 00:00:00 UTC ]
Wooding left as part of a move to dismantle the remaining dedicated Sunday Express editorial team to create a seven-day operationThe Sunday Express editor, David Wooding, has become the latest top editorial executive to depart Reach, as the national and regional newspaper publisher embarks on... Continue reading at The Guardian
[ The Guardian | 2024-11-16 14:19:24 UTC ]
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Amazon-owned online audiobook and podcast service Audible is laying off about 5% of its workforce Continue reading at ABC News
[ ABC News | 2024-01-11 22:47:05 UTC ]
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Spotify is testing an AI-powered feature that creates playlists from text prompts. TikTok user @robdad_ posted a short clip of it, captioned, “I just randomly discovered Spotify’s ChatGPT?” For the chosen guinea pigs, the feature is available as an option under Your Library after tapping the... Continue reading at Engadget
[ Engadget | 2023-12-14 18:18:00 UTC ]
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Abrams Books has made an unspecified number of job cuts this week, with some speculating that cuts were in the double digits. The company declined to comment on the size of the workforce reduction. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-06-07 04:00:00 UTC ]
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Owner of Politico urges focus on investigative journalism and original commentary, as company prepares for job cuts at German papers Die Welt and BildJournalists are at risk of being replaced by artificial intelligence systems like ChatGPT, the CEO of German media group Axel Springer has... Continue reading at The Guardian
[ The Guardian | 2023-03-01 01:23:51 UTC ]
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Last week, Callisto Media fired about 140 employees in an effort to reduce spending by about $20 million. As a result of the job cuts, title output has been reduced significantly. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-07-21 04:00:00 UTC ]
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Red Ventures, a platform of digital businesses, has acquired global travel media company and guidebook brand Lonely Planet from NC2 Media for an undisclosed amount. Continue reading at The Bookseller
[ The Bookseller | 2020-12-02 03:06:06 UTC ]
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The Frankfurt Book Fair has warned job cuts are on the way as director Juergen Boos outlined future “modernising” plans that will see virtual events play a larger part in future fairs. Continue reading at The Bookseller
[ The Bookseller | 2020-11-13 02:55:29 UTC ]
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News Corp has made more job cuts, this time to its metropolitan mastheads, as the company again signals it is Continue reading at Editor & Publisher
[ Editor & Publisher | 2020-06-09 21:44:49 UTC ]
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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 ]
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Paper owned by Tribune has seen deep cuts to newsroomBaltimore-based group wants paper to become non-profitThe Baltimore Sun has just won the Pulitzer prize for local reporting, despite years of job cuts and as the coronavirus pandemic appears set to ravage the nation’s journalism sector even... Continue reading at The Guardian
[ The Guardian | 2020-05-12 10:00:08 UTC ]
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Move comes after four months of discussions and previous attempt three years agoVice UK has become one of the first British digital media publications to unionise, with staff urging other online-only media outlets to follow their lead while the industry is in turmoil amid financial struggles and... Continue reading at The Guardian
[ The Guardian | 2019-07-25 17:53:06 UTC ]
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When Facebook's Campbell Brown addressed an auditorium full of magazine executives in New York Tuesday, she did not mince words: The social network is not here to save their businesses.Facebook's head of global news partnerships was addressing an audience of print media professionals at the... Continue reading at Advertising Age
[ Advertising Age | 2019-02-06 00:00:00 UTC ]
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Grand Central Publishing will absorb its Life & Style imprint into the flagship GCP list at the end of 2018. The reorganization will result in a few job cuts. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-12-06 00:00:00 UTC ]
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Amazon may be forced to pay a new tax proposed by the European Commission on EU operations of digital businesses. Continue reading at The Bookseller
[ The Bookseller | 2018-03-23 00:00:00 UTC ]
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Warning that new regulations will give Google, Apple and Facebook too much control of advertising and personal dataAn alliance of news publishers has called on European regulators to rethink proposed changes to online privacy laws, arguing that they will potentially kill their digital businesses... Continue reading at The Guardian
[ The Guardian | 2017-05-29 00:00:00 UTC ]
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The newly-named group of businesses is comprised of Abrams gift and stationery line, and the publisher's ebook and digital businesses. Jess Brailer will oversee the unit as v-p and publisher. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-10-06 00:00:00 UTC ]
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Axel Springer has agreed to buy market researcher eMarketer at an enterprise value of about $250 million as the German publisher continues its push into digital businesses and English-speaking markets.The German media group is paying $242 million for 93% of the shares in eMarketer, taking the... Continue reading at Advertising Age
[ Advertising Age | 2016-06-10 00:00:00 UTC ]
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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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