Articles about "Layoffs/buyouts/staff cuts"


A reserved sign and flowers are seen on a table at Holsten's ice cream parlor Thursday, June 20, 2013, in Bloomfield, N.J., with a newspaper announcing the death of actor James Gandolfini. Gandolfini was mourned in the northern New Jersey towns where his TV character Tony Soprano lived, loved and whacked people. The star died Wednesday night in Italy of an apparent heart attack. (AP Photo/Mel Evans)

Advance laid off more than 300 people in N.J.

The Star-Ledger | The New York Times | The Daily Beast | Philly.com
Some 306 people lost jobs at Advance's New Jersey properties Thursday, Mark Mueller and Ted Sherman report in The (Newark, N.J.) Star-Ledger. At the Star-Ledger, 167 staffers, 40 of them from the newsroom, were laid off as Advance tries to reposition its newsgathering operations for digital readership.

"Another 124 full- and part-time jobs were eliminated at the company’s weekly newspapers and at the dailies in Trenton, Easton, and South Jersey," Mueller and Sherman write. "At NJ.com, 15 of 77 employees were let go."

Matt Kraner, the president of NJ Advance Media, the new company that will provide content and other services to the papers, told The New York Times the group "will be adding 27 editorial positions to increase the numbers of reporters and photographers on the street." The cuts will nevertheless present "a net reduction in editorial staff," Ravi Somaiya reports.
When asked whether the moves diminished The Star-Ledger, its publisher, Richard Vezza, said in a phone interview: “I don’t look at it that way. I look at it as a transition to an organization for the future.”
NJ Advance Media will be based in Woodbridge, N.J., Mueller and Sherman report. The Star-Ledger will "remain a presence in Newark, though a vastly diminished one": (more...)
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Technology background, News text in perspective

What went wrong at Digital First Media — and what’s next?

The announced shutdown of Digital First Media’s national newsroom Wednesday and the probable sale of its 75 daily newspapers later this year is a significant jolt to those who believe a viable business model for rapid transformation of legacy operations … Read more

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CNN Atlanta lays off 16 from image, sound unit

TV Newser | The Wrap
Sixteen CNN employees based in Atlanta have been laid off, a CNN source confirmed to Poynter Thursday by email.

TV Newser reported those released include photojournalists and video editors from the company's image and sound unit: (more...)
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PoynterVision: Transitioning from newspapers to corporate communications

After working for 27 years in newspapers, Butch Ward, senior faculty and former managing director at Poynter, left his final newspaper post at The Philadelphia Inquirer in 2001. Eight months later, Ward joined the Independence Blue Cross in Philadelphia as … Read more

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How laid-off journalists can stay afloat while the industry moves ‘to new moorings’

When Patch laid me off along with many other editors last May, I remember thinking I should have left sooner.

I received a severance but then faced tough competition from dozens of downsized journalists, all chasing after what seemed … Read more

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Live chat replay: What happens when a journalism career breaks?

Thousands of journalists have had to pick up the pieces and start over because of layoffs, firings and downsizing.

Warren Watson, executive director of the Society of American Business Editors and Writers, has interviewed several of them and is … Read more

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Joe Ripp (Time Inc. photo)

Time Inc. CEO: Layoffs, big organizational changes coming today

New York Post
Time Inc. will begin layoffs today -- about 500, Keith Kelly reports. In a memo to staffers, Time Inc. CEO Joe Ripp says the company's plans require "substantive and sometimes painful changes to the way we operate and approach our business."

All Time Inc.'s U.S. brands "will be consolidated into a single portfolio under two executives, Evelyn Webster and Todd Larsen," Ripp writes. Executive Vice President David Geithner will leave, as will American Express Publishing CEO Ed Kelly. Mark Ford will become executive VP of advertising sales, Ripp says.

Kelly reports that AmEx Publishing's Executive Travel magazine will be shut down.

As Time Inc. approaches its planned IPO, Ripp writes, "Wall Street’s focus will be on the performance of Time Inc. and on our ability to grow beyond print, embracing new technologies, new products, new markets, and new customers. Every employee in the organization needs to be fully invested in the performance of the company."

Ripp's full memo:
To: Time Inc. Colleagues

From: Joe Ripp

Re: Moving Forward

Since I returned to Time Inc. in September, we have made a lot of progress. We have built a seasoned executive team that has been working with many of you on ways we can stabilize revenues and redirect our spending for the future. We are launching initiatives to grow our digital scale and revenue, to generate new revenue streams and to enhance our core print business. We have a direction and I am confident we will be positioned to succeed when we become a stand-alone public company. (more...)
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Through Facebook, current and former Patch employees stay connected

Hank Kalet shared this shot of Patch merch on Facebook. Photo by Hank Kalet.
Jim Romenesko | Business Insider Two years ago, Hank Kalet found out he no longer worked for Patch at a New Jersey coffee shop with his supervisor and someone from HR. Today, he learned that hundreds more Patch employees were laid off through a former editor on Facebook. Not too long ago, Kalet joined the Patch alumni group, a closed page on Facebook. That page currently has 452 members, former Patch editor Anthony Leone told Poynter via phone. "And I wouldn't be surprised if that grows by the end of the day," he said. (more...)
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CNN laid off more than 40 journalists at end of 2013

Financial Times
CNN and HLN "laid off more than 40 senior journalists in its newsgathering operation" at the end of 2013, Matthew Garrahan reports in the Financial Times.

The cuts "coincide with changes to the network’s programming," Garrahan writes. CNN President Jeff Zucker "has hired new presenters and diversified CNN’s output, adding documentary and reality series to its traditional live news coverage."

The layoffs were concentrated in Washington, Atlanta and Los Angeles, Garrahan reports.
A CNN spokesperson said it would add about 100 people to its headcount this year, adding that the network was investing in journalism. “We’re expanding the definition of news,” she said. “We’re not abandoning news by any stretch of the imagination . . . there will be more people working at CNN today than last year.”
Last November The Wrap reported CNN had laid off producers as "part of a plan to restructure the cable news network’s approach to entertainment coverage." FTV Live reported on some cuts Dec. 23.
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Martha Stewart cuts 100 employees

New York Post | AdWeek
On Thursday, as predicted, Martha Stewart Living Omnimedia fired 100 employees, Keith Kelly reported Thursday in the New York Post.
Included in the downsizing were some of the company’s upper-level executives, including executive vice president Daniel Taitz, who had served as acting CEO before Dienst was appointed Oct. 29.

Chief Revenue Officer Joe Lagani; Martha Stewart Living Publisher Peter Medwid; Vice President of Integrated Sales Laura Petasnick; and head of digital sales Jess Hollander.
Adweek reported Thursday on the cuts, writing that one MSLO employee said the office atmosphere was awful. "It’s really scary and terrible right before the holidays.”
Advertisingwise, Martha Stewart Living had an up year, with full-year ad pages rising nearly 16 percent over 2012. Circulation was flat in the first half of 2013, and newsstand sales dropped 13 percent. The magazine unveiled a well-received redesign in July in hopes of boosting those numbers.
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