layoffs

Google to lay off 10,000?

Paul Boutin · 11/24/08 03:55PM

"Up to 10,000 jobs could be on the chopping block according to sources," writes Daya Baran. Can I just say it? No. Google will not dump 10,000 of its roughly 30,000 workforce. "Sources" are wrong, although Baran's tales of Google shuffling its so-called temporary employees around to game SEC rules are true. Google's most likely action will be a stealthy attrition of maybe around 2,000 underperformers. That'll be bad enough.

People Surrenders London To Redcoats

Ryan Tate · 11/23/08 11:10PM

Time Inc. CEO Ann Moore shamed all of the United States of America by ceding hegemony over House Of Windsor gossip to filthy British tabloids. People is flying the white flag of surrender over its London bureau and shutting it down, two tipsters inform us, sending its handful of staffers, like writers Courtney Rubin and Pete Norman, packing. Former bureau chief Simon Perry was purportedly told to work from home after a demotion to "correspondent," but there's skepticism he'll comply. Good luck trying to crack the Brits' white-glove treatment of their silly "royal" family now, People! Meanwhile, a reckoning is coming in the U.S.

Music community Buzznet lays off 10 out of 89

Paul Boutin · 11/21/08 06:22PM

"15 people laid off there today," says a tipster via email. "On a FRIDAY... Ouch. Have confirmation it’s across the board (sales, product, development etc.)" Our tipster didn't get it quite right — a company official says it was actually 10 out of 89 employees — just above the fashionable 10-percent cut high-profile VC firm Sequoia Capital established with its doom-and-gloom memo. Dear Buzznet employees: Please email us.

Palm, smartphone maker, in worldwide layoffs

Owen Thomas · 11/21/08 03:00PM

A tipster tells us that Palm, the troubled smartphone maker, is laying off 10 percent of its staff. I called a spokeswoman at the company, who confirmed the layoffs but not the number of employees affected; Palm, at last count, had about 1,050 employees. She also said the company would make "program cuts" — Valleyspeak for dropping some future products. Palm has been hammered by competition from Apple's iPhone and Research In Motion's BlackBerry; it is in the midst of a turnaround led by its chairman, Jonathan Rubinstein, a former Apple executive and Steve Jobs confidant. Rubinstein, left, has hired many former Apple employees at Palm — so much so that, rumor has it, Jobs called Rubinstein up to scream about it. But the layoffs and program cuts suggest he may not be able to complete his ambitions for a complete revamp of Palm's product line.

Does New York Have A Problem?

Hamilton Nolan · 11/21/08 01:25PM

Yesterday New York magazine laid off Gael Greene, a food critic there for the past 40 years. Apparently the recession is hurting New York like everyone else—not as drastically as everyone else, of course, but enough to have to pare down their fat roster of restaurant reviewers. So is this just a longtime employee being pushed out, or a sign of something worse under the surface?
New York is owned by billionaire Bruce Wasserstein, the CEO of investment bank Lazard. Does he have money problems? Well, let's see:

Dude, Everybody's Saying You've Been Laid Off

Sheila · 11/21/08 01:11PM

In this paranoid media climate, you can't even write an salient tongue-in-cheek piece about "desperate drinking" in a desperate media landscape without people assuming that you're sending some message that you've lost your job. Foster, author of a piece for BlackBook called "Desperate Drinking in Desperate Times," says that ever since he and co-writer Ben published the piece, "I've had at least 20 calls and/or emails asking if [editor] Chris Mohney laid me off via [Blackberry message] last night."

Black Friday at The Weinstein Co.

cityfile · 11/21/08 12:14PM

The Post reports that Bob and Harvey Weinstein's film company announced plans to lay off 11 percent of its staff, or 24 people, at a company meeting moments ago. The news was apparently delivered shortly after 2 p.m. But the studio would like to make it clear that this does not mean that the Weinsteins are having any financial trouble, even if they have failed to come up with a hit in ages, longtime execs are fleeing, and the company embroiled in a messy lawsuit over Project Runway. "If this was a real financial emergency for the studio, I imagine the layoffs would be greater than 24 people," a source tells the paper. [NYP]

Liveblogging the Layoffs: Modern Luxury ... Salon.com ... Life & Style

Gabriel Snyder · 11/21/08 11:14AM

Media layoffs are becoming so frequent, and our email inboxes are getting so overloaded with tips about firings, that we figure that we might as well start a daily liveblog on the topic. Know about layoffs hitting a media company? Post it in the comments below. We'll be updating this post as new reports come in. So far today, we've heard the Life&Style marketing staff got whacked yesterday and that Source Interlink, publisher of Motor Trend and Soap Opera Digest is rumored to be cutting 150 jobs ... Sadly, we're expecting more to come. [For the squeamish you can always email us at tips@gawker.com (but not from your work account, kids!) or call our tip line at 646-214-8138.]

Angry Alumni Add To Time Inc.'s Bad PR

Hamilton Nolan · 11/21/08 09:34AM

Former Time Inc. drones tired of their company's massive layoffs are fighting back. In email form! Susan Haynes, a former editor at Coastal Living, struck back at the parent company for slashing jobs at all of the titles in its Southern Progress division (which sounds like the name some 1965 white civil rights group, but that is not pertinent). We're willing to bet Haynes' "scathing memo" was laughed off by the bosses, right up until it landed in the New York Post this morning [UPDATE: the full emails are now pasted below]: Besides saying that Sylvia Auton, the head of Time Inc.'s lifestyle group, is horrible at her job, Haynes said this in an email to the top Time Inc. bosses:

Another Wi-Fi player falls

Owen Thomas · 11/20/08 04:00PM

It's the grand irony of Wi-Fi, a remarkably useful way of connecting to the Internet which has nevertheless proved to be a tough business to make money in. Aruba Networks, a maker of Wi-Fi equipment, is rumored to have twice spurned Cisco's advances. Its shareholders will likely regret that; the company, which went public last year, has seen its shares plummet more than 90 percent from their peak. And it is now laying off 10 percent of its staff, we hear cutting costs by 10 percent, including some layoffs. Aruba's equipment was designed to withstand war-zone explosions — but not market implosions. Update: The company has reported earnings and confirmed costs cuts of 10 percent, though not all of that will come through the elimination of jobs.

Ax Falls at JPMorgan

cityfile · 11/20/08 03:51PM

JPMorgan says it's planning to lay off 10 percent of its investment banking staff, or about 3,000 people. The bank also plans to freeze salaries next year for employees who earn more than $60,000 to $70,000. [Bloomberg]

Want to fix the economy? Fire your sysadmin

Tim the IT Guy · 11/20/08 02:40PM

Sooner or later we need to slam shut the door on technical have-nots. Pew Research found that nearly half of adults surveyed need help setting up computers and cell phones. Ars Technica notes what follows: Kids are always fixing their parents' PCs. But they don't take these insights to the logical conclusion: It's time to fire the IT support team.Imagine how much progress we could make as a society if we just dropped those who just can't merge onto the Information Superhighway. I will never get back those lost weekends I spent formatting my mom's Filemaker forms or troubleshooting my aunt's wireless router via cell phone. But I can spare my kids from ever having to face the same fate. The same goes at work, where the bosses have headcount to trim. They can no longer afford to pretend that it's okay that you don't understand Excel, since they have to pay to have someone on site who can explain it to you. Every dollar spent paying an IT guy is a dollar not spent doing whatever it is that makes the company money. That's why it's time companies everywhere get out of the handholding business. Oh, sure, that means more people out on the street. But they can — and should — get reemployed making systems that are so solid they don't require tech-support calls. There's an unpleasant converse: Desk jockeys will have to face the fact that part of their job is to understand the tools they're being paid to use. People will never take responsibility for learning about their computers as long as it's easier to pick up a phone and whine to someone.

Time Europe Layoffs: The Backlash Builds

Hamilton Nolan · 11/20/08 02:01PM

More on yesterday's gutting of Time's European bureau: threats are involved! We hear that Time Inc. stuffed suits told the Time London office "that if news and details of the layoffs were leaked, they might have their severance reduced." Whoever made that threat is an asshole, and one whose threat failed to accomplish its purpose. So there. We also hear the company is "axing the London art, imaging, and copy-editing departments," and firing two staffers in the photo department. And all of this is causing staffers to be pissed—predictably—at Time editor Richard Stengel [UPDATE: and more clarity on the layoffs below]: A tipster writes:

AP: 10% Staff Cut In 2009?

Hamilton Nolan · 11/20/08 12:53PM

We're hearing from a good source that Tom Curley, the head of the Associated Press, just held a town hall meeting to tell employees that the AP "will lose 10% of its staff next year." At a current headcount of over 4,000 employees, that would translate to at least 400 jobs lost, which could theoretically come through either layoffs or voluntary buyouts. Several cash-strapped newspapers—including the entire Tribune Co.—have recently announced plans to drop their AP subscriptions. Still, this would be a massive cut for what has always been one of the steadiest possible realms of journalism. AP employees with more details on this, email us. UPDATE: The AP has sent us a statement, which doesn't contain any numbers but acknowledges that cuts may be coming—though mostly through attrition, they hope:

VH1 Layoff Prep?

Hamilton Nolan · 11/20/08 10:50AM

The latest rumor is that MTV is planning a round of layoffs for early December. Now a tipster tells us that fellow Viacom property VH1 is holding a big HR meeting for department heads tomorrow. To sharpen the hatchet? Email us details. UPDATE: MTV layoffs are tentatively set for December 3 or 4, according to another tipster.

Time Europe Gutted

Ryan Tate · 11/19/08 10:53PM

We've heard from two sources that the London headquarters of Time Europe laid off just under 20 of the nearly 30 editorial staff, including, one said, Time Europe editor William Green and writer senior editor James Graff. Elsewhere, bureau chiefs Andrew Purvis in Berlin and Tim McGirk in Jerusalem are said to be gone after their contracts expire. This has stoked more speculation that the magazine might mimic Newsweek and consolidate to a single international edition — and that London is merely the first in a rolling series of global Thursday layoffs:

Laid Off for the Holidays

Sheila · 11/19/08 05:37PM

So the Dow closed, terribly, under 8,000 for the first time in five years, Time Inc's chopping more heads, and we're still looking for your layoff stories! (Send them to tips@gawker.com.) Oh, and? Remember the sad layoff story we you told you about earlier—it was a "post-9/11 husband-and-wife double-whammy"? There's more woe:

Electronic Arts kills nonexistent outsourcing project

Paul Boutin · 11/19/08 02:40PM

No one knew exactly what the Blueprint division of videogame maker Electronic Arts was up to. Officially, it didn't exist. Now, it officially hasn't been shut down, but there's no one working on it. An ex-employee who blabbed to Variety tried to explain: Blueprint's dozen or so staff were charged with creating a way for EA to reliably develop games without hiring onsite, full-time employees. Now more than ever, you'd think that's a businessworthy project. Instead, Blueprint seems to have confirmed there's no substitute for a building full of crazed code monkeys with all the hardware and free snacks they need to crank out Madden NFL 09.

Time Inc. Cuts, CNN Spends

cityfile · 11/19/08 01:12PM

♦ Time Inc. is slashing another 250 jobs. [NYP]
♦ CNN is spending a fortune on fancy-shmancy technology and new talent, but it's making a mint, too: The network is recording double-digit profit growth for the fifth straight year. [NYO]
Dan Abrams is starting some sort of research firm/expert network/PR agency now that he's been replaced by Rachel Maddow at MSNBC. His first client is Ron Perelman. [NYT]
60 Minutes has been the most-watched program in the nation for the last two weeks, believe it or not. [NYT]

Jesus Lays Off Yet More Followers

Pareene · 11/19/08 12:29PM

More good layoffs! Shortly after Focus on the Family announced its workforce reduction, Oral Roberts announces it's laying off 100 employees. The economy: winning the culture war for us. Related: look at that creepy campus sculpture! [Wonkette](Photograph of the Praying Hands bronze scructure at the main entrance to the campus of Oral Roberts University taken in Tulsa, Oklahoma on 15 September 2004 by Dustin M. Ramsey.)