Although many other U.S. newspapers have shrunk, the Philadelphia Inquirer has suffered more than most. Will Steacy, whose father was laid off from the paper in 2011, has put together a photo essay showing its decline. Read more at paidContent »
Hammered by declining print advertising revenue in much the same way newspapers have been, Time Inc. announced that it is laying off about 500 of its staff. But are the cuts the end, or just the beginning? Read more at paidContent »
Facing declining advertising pages and the need to emphasize digital as audiences turn away from print, Martha Stewart Living Omnimedia announced it will stop selling “Everyday Food” as a standalone monthly magazine and will sell off “Whole Living.” It is also laying off 70 employees. Read more at paidContent »
TeliaSonera’s revenues and subscriber base aren’t budging, but the Nordic carrier claims its costs are skyrocketing. In an effort to realign its business with new mobile data realities, the carrier said it will lay off 7 percent of its workforce over two years. Read more »
Rupert Murdoch’s struggling iPad newspaper The Daily is laying off 50 of 170 employees and also implementing other cost-saving measures, including decreasing opinion and sports coverage. The changes will help the publication “be more nimble editorially,” editor-in-chief Jesse Angelo said. Read more at paidContent »
A new startup is hoping to breathe new life into the MeeGo project let loose by Nokia — just one of a rising number of companies breaking out as the Finnish mobile giant stumbles. That’s what happens when you let 40,000 people go inside two years. Read more »
Google announced Monday that it has purchased Meebo, the social media and advertising company, to add a team of engineers and some publisher-friendly social tools to its Google+ efforts. Meebo’s CEO, CTO and engineers from its product team will remain with Google after the completed purchase. Read more »
When T-Mobile USA laid off thousands of workers in March, it wasn’t quite done handing out the pink slips. On Tuesday T-Mobile said it would enter into its next phase of restructuring, which means more layoffs on top of 1900 cuts it has already made. Read more »
AT&T has proven many times in the last few months that it just can’t let its failed acquisition of T-Mobile go, but on Friday its bitterness turned to vindictiveness, delivering a big “I told you so” to its critics after T-Mobile announced 1,900 layoffs. Read more »
T-Mobile USA is consolidating its customer service call centers, shutting down seven facilities in six states by the end of June but hiring new staff in its remaining 17 call hubs. The reorganization will result in T-Mobile’s workforce shrinking by 1900 staff, or 5 percent. Read more »
Embattled Nokia is hoping it can become faster and more competitive by shifting the heart of its manufacturing operations to Asia, a move which will see 4,000 jobs cut in Finland, Hungary and Mexico but will be seen as long overdue. Read more »
So it’s redundancy time once again. First, at the two Telegraph titles and now at the Mirror trio. Read more at paidContent »
The Times is to cut 100 editorial posts out of a total workforce of 700, editor James Harding has told staff. Read more at paidContent »
OneRiot laid off seven employees Friday, dropping it to a total of 23 with the intent of sharpening its focus on building a real-time ad network. The Boulder-based company elevated president Tobias Peggs to the role of CEO, and moved him from San Francisco to Colorado. Read more »
Move Networks made some personnel reductions yesterday associated with a shift from its legacy streaming business to providing a platform for delivering IPTV services. According to a source, the company reduced headcount by about 10-15 percent, leaving the company with 107 employees total. The personnel cuts […] Read more »
