New York Times Deadline for 100 Buyouts Nears

A 5 p.m. deadline bore down on New York Times employees considering whether to accept buyout packages, a bid for the newspaper publisher to trim costs.The company has said there will be forced cuts if 100 jobs can't be eliminated through voluntary buyouts.Like many newspapers, the Times is trying transform itself into a digital newsroom as more readers get their news from the internet and as print circulation and advertising decline. The publisher said in a regulatory filing in October that the staff cuts "are necessary to control our costs and to allow us to continue to invest in the digital future of The New York Times." Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2014-12-02 00:00:00 UTC ]
News tagged with: #voluntary buyouts #print circulation #regulatory filing #digital future

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Judge Punts 'Trump Tapes' Case to New York, Slams Trump for Forum Shopping

In an August 4 ruling, federal judge M. Casey Rodgers transferred Trump's $50 million copyright suit against Bob Woodward and publisher Simon & Schuster to the Southern District of New York, where Trump was hit with sanctions for filing a frivolous lawsuit earlier this year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-08 04:00:00 UTC ]
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Share This Link 9 Times or Never Read a Good Book Again!

Share that link right now or ruin your reading life! Do it, do it now! Or, a brief history of chain letters. Continue reading at Book Riot

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10 Bookish Jigsaw Puzzles For All Your Audiobook Reading Time

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Paramount Nears Announcement for Simon & Schuster Deal

The deal with KKR, a private equity firm, is said to be valued at roughly $1.62 billion, and could be announced as soon as Monday. Continue reading at The New York Times

[ The New York Times | 2023-08-07 03:00:57 UTC ]
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The BBC’s Fergal Keane: ‘The breakdowns get harder to recover from each time’

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Deal for Simon & Schuster Said to Be Near

The private investment firm KKR, HarperCollins, and Richard Hurowitz of the investment firm Octavian & Company are all said to still be in contention to acquire the country's third largest trade publisher. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-04 04:00:00 UTC ]
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Cambridge University Press Reaches 100-Million User Milestone

With students accessing the system from 170 countries, Cambridge University Press & Assessment is ahead of its anticipated schedule. The post Cambridge University Press Reaches 100-Million User Milestone appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

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The AirPods Pro drop back to an all-time low, plus the rest of this week's best tech deals

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Zamora: It's time for the Pulitzer Prize for literature to accept noncitizens

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How to watch bestselling author Luis Alberto Urrea at the L.A. Times Book Club

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Layoffs Begin at Penguin Random House as Buyout Departures Come into Focus

Names of some employees who have accepted the publisher's "voluntary separation offer" are beginning to come out—even as a letter from Penguin Random House CEO Nihar Malaviya confirmed that long-rumored layoffs have become a reality. Continue reading at Publishers Weekly

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Several top editors at Penguin Random House accept buyout offers

Some of publishing’s most celebrated and enduring editors are leaving their posts at Penguin Random House after accepting buyout packages Continue reading at ABC News

[ ABC News | 2023-07-17 23:33:55 UTC ]
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BBC: Metropolitan police say ‘no investigation at this time’ into suspended presenter – latest updates

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Ordinary People in Extraordinary Times: Life Under Occupation in WWII

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Amazon sale drops the Kindle Paperwhite, Echo Dot and Fire tablets for kids to all-time lows

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Video: Watch Elliot Page discuss 'Pageboy' at the L.A. Times Book Club

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Los Angeles Times announces 74 job cuts due to economic challenges

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