19
Oct
Posted in A Layoff Story | No Comments »

photo credit: andreac-84
It’s a sad day at the New York Times today. The announcement was made that 100 people in the newsroom (currently 1250 folks) will have to accept a buyout by the end of the year—or there will be layoffs to reach that number.
Somehow appropriately, editor Bill Keller was out sick (this whole thing would make me sick, too) and so delivered the news by email, which you can read here.
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Tags: 100 to go at NYT, bill keller, flu, gray lady, internal memo, john geddes, layoffs, managing editor, new york times, observer, restructuring, swag-bag tequila, voluntary buyouts
25
Aug
Posted in MediaNomics | No Comments »

photo credit: Arnoooo
What, pray tell, does it mean when the banks run the media?
Per our old pal Keith Kelly: Read the rest of this entry »
Tags: $5.04 billion, american media, annual reports, banks owning media, conde nast, GE, hearst, jp morgan, keith kelly, reader's digest, restructuring, source interlink, time inc, wamu
23
Jun
Posted in A Layoff Story | 9 Comments »

photo credit: gettyam
Remember when Magazine Editor was like, the dreamiest dream job around? The one that all the rom-com characters in movies (the pretty, smart, successful ones who dressed well and had handsome boyfriends and really tricked-out day planners) were assigned?
Whatever happened to THAT? Did we writerly folks do something to deserve this “media apocalypse”? Did we fly too near the sun, in too many pairs of Christian Louboutin heels? Are editors now paying some karmic debt to society?
Shouldn’t that be Madoff’s problem?
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Tags: career reincarnation, freelancing, guest blog, karmic debt, layoffs and firings, magazine editor dream job, restructuring, unemployment