January 12, 2013

Major media laying off staff

Business Insider - Time Warner's Time Inc. will lay off up to 700 staffers out of just under 8,000 total as the publisher's new chief struggles to transform famous titles and massive market share into a digital profit center. The staff cuts will come sometime in the first quarter, said a person familiar with the company's plans, and will be across the board -- not just focused on editorial, where staffing has already been hard hit.

Politico - The media business was shaken on Friday when it was reported, first in New York Magazine and confirmed by Politico, that managing editor John Geddes, assistant managing editor Jim Roberts, dining editor Susan Edgerley, former Washington editor Rick Berke, and former Times Magazine editor Jerry Mazorati could all be casualties of the Times’ effort to cut costs. The Times underwent a round of buyouts and layoffs in 2009, but the possible departure of high-level Times staffers signals just how dire the current state of news media is.

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