layoffs

Media Bubble: Please Sell Tribune Already, We're Getting Tired Of It

abalk2 · 01/16/07 09:00AM
  • The Times takes a look at prospective Tribune buyers Eli Broad and Ron Burkle. The latter is "best known for his friendship with Stephen Bing, the film producer who fathered a child with both the actress Elizabeth Hurley and Kirk Kerkorian's former wife, Lisa." [NYT]

Grant to Staffers: Merry Fucking Christmas

skidder · 12/21/06 01:59PM

SCOTT KIDDER — Randy Falco's right-hand man and human "computer" — newly-appointed President and COO Ron Grant — referred to by new AOL chief Randy Falco as "my computer" — has a holiday message for AOL's tens of thousands of employees: Have a good holiday weekend, and stay the fuck away from your email!

Irresponsible Rumormongering: WNBC Layoffs?

abalk2 · 11/15/06 03:26PM

It's that time again where we float a rumor currently making the rounds and ask you to do our work for us: Has the NBC axe fallen on some local "favorites"? A tipster writes:

AOL fires 1400 more workers in Southwest

Nick Douglas · 10/19/06 02:21PM

The world's biggest Internet service provider keeps getting smaller, this week announcing that offices in Albuquerque, New Mexico and Tucson, Arizona will close in December and 1400 workers will lose their jobs. AOL will also sell its 400-person Ogden, Utah call center, with no guarantee that those employees will keep their jobs.

'Guardian' Decimates NBC Staff

abalk2 · 10/19/06 01:10PM

As we speak nervous NBC employees are gathering for a townhall meeting where television head Jeff Zucker a number of them that they're free to pursue other interests and not to let the door hit them on the ass on the way out. While the exact number of fired employees is in some dispute by credulous Times reporters, the general consensus seems to be that 700 people will be let go. England's Guardian, however, sees a much direr situation:

Media Bubble: It's a Whole New NBC!

abalk2 · 10/19/06 10:10AM

NBC Cuts: Approximately 700 jobs axed, MSNBC moved from Secaucus, news budget slashed, expensive dramas abandoned. [Bloomberg]
• Of course, if you believe the Times, the layoffs will not be extensive. [NYT]
• Also, the network now plans to buy more of its crappy programming from its in-house studio. Insert your own "And such small portions" joke here. [WSJ]
• And MSNBC "stars" like Keith Olbermann and Chris Matthews may be moved to CNBC, which means we might actually start watching MSNBC. [B&C]
• In non-NBC news, you'll soon be able to see the Wall Street Journal's repellent editorials in full color. The rest of the paper, too. [AdAge]

Irresponsible Rumormongering: NBC Layoffs

abalk2 · 10/18/06 01:48PM

It's that time again where we float a rumor currently making the rounds and ask you to do our work for us: We're hearing that NBC is about to get a lot lighter, employee-wise. Some of what we've been told involves massive layoffs at MSNBC, with the remaining crew moving from Secaucus to 30 Rock (which means, at least, that MSNBC head Dan Ambrams will be able to have lunch with his pal Dave Zinczenko a bit more often). Fishbowl DC reports that Jeff Zucker (who will surely keep his job, what with the excellent work he's been doing lately) will announce the firings tomorrow; let's see if we can't get a little more information before then. Confidential memos or scurrilous gossip here.

Textbook Publisher Subtracts 300

abalk2 · 09/27/06 08:20AM


Yesterday morning a bevy of chief marketing officers were taking part in an Advertising Week discussion entitled "Catch and Release" at the McGraw-Hill auditorium in midtown. Simultaneously, a few blocks south, a vast number of McGraw-Hill employees were being "released" from their jobs. Estimates suggest that the textbook publisher terminated approximately 300 people, including editors, production types, and administrative assistants. As for the "catch" part: around one hundred of these folks can keep their jobs if they accept the "opportunity" to move to the bright lights of cosmopolitan Columbus, Ohio. So if you're working in the creative industries you can expect a flood of resumes from desperate former employees who, if nothing else, know how to make sure that minorities and the handicapped are presented attractively in your publication.

Actually, It Seems Mimi Valdes Won't Be Working at 'Vibe' Much Longer

Jesse · 06/30/06 03:00PM

Earlier today we skeptically noted what seemed to be an unfounded rumor, that Vibe editor-in-chief Mimi Valdes, along with much of her staff, was being canned from the urban music mag. We asked if anyone could provide any word on what was going on over there, and, obediently, Mediaweek's Stephanie Smith quickly complied. What's going on? The mag is being sold, and Valdes and president Kenard Gibbs are expected to go. "Additionally," Smith reports, "layoffs, primarily on the editorial side, are expected." So who's buying?

Guest scoop: AOL allegedly axes most of its dying Access department

Nick Douglas · 06/25/06 09:30AM

What we have here is either an actual bug-eyed-insane AOLer gloating over his own company's failure in the Internet access business, or an equally bug-eyed-insane AOLer seeding lies to discredit Valleywag, defame AOL, or both. Either way, the grammar and spelling prove this tipster really is from AOL.

Time Warner Starts Court TV Layoffs

Jesse · 06/20/06 04:05PM

When Time Warner, which had long owned 50 percent of Court TV, acquired the other half last month, everyone was sure that layoffs would be coming soon. Today they finally arrived. Reports a Court TV source: