macmillan

Another Day, Another Round of Layoffs

cityfile · 12/16/08 11:47AM

• The bloodletting at CBS is underway. [THR]
• Macmillan Publishing and FSG are both trimming staff. [AP, NYO]
• Ad spending for the first nine months of this year fell 1.7 percent. [WWD]
Katie Couric, Campbell Brown, and Rachel Maddow will appear in the next issue of Vogue. [TVN]
Sean Hannity's Alan Colmes-less show begins January 12th. [NYT]
• The Disney Channel is taking its act to Russia next year. [NYT]
• The most amusing corrections published this year. [Regret the Error]

No Raises Next Year at Macmillan... and Merry Christmas!

Sheila · 12/09/08 02:55PM

Macmillan, the publishing giant that's been around since 1843 and includes imprints like Farrar, Strauss & Giroux (home to Thomas Friedman), Picador (Naomi Klein) and St. Martin's (South Beach Diet), gave its employees what passes as a Christmas bonus this year: he didn't lay off anyone but did announce a pay freeze for 2009 "for everyone making over $50,000." That's not as bad as getting laid off, however, which is what happened at Simon & Schuster, Doubleday, and maybe Random House. Lovely! Full memo after the jump.