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Layoffs Begin At the New York Times, The List Thus Far

Layoffs Begin At the New York Times, The List Thus Far

Layoffs have finally arrived at the New York Times. After completing a round of buyouts last week, which totaled 74 (slightly more than was expected) the paper yesterday started laying off the remaining 26 people. Earlier this year executive editor Bill Keller said the paper was looking to shed 100 people. Here's what the list looks like thus far as put together by New York and Gawker: (more...)

Revenge Of The Snarked-Upon: Wired’s Chris Anderson Blasts Gawker

Revenge Of The Snarked-Upon: Wired's Chris Anderson Blasts Gawker

Wired editor Chris Anderson will not sit idly by while Gawker equates him with Vanity Fair's Graydon Carter. With budget cuts and layoffs hitting most titles in the Condé Nast universe, Gawker has reported that both Carter and Anderson -- two of the publishing giant's marquee names -- were too busy helping themselves to be present in the office on the days the guillotine fell. Carter was purportedly on a private jet to Bermuda, while the Wired editor-in-chief was "elivering a no doubt gainful lecture for Hewlett Packard in Silicon Valley." (more...)

New York Times Buyout Package Discloses Insider Secrets

New York Times Buyout Package Discloses Insider Secrets

Last week, news spread that the New York Times would need to cut 100 of its 1,250 editorial staffers by year's end. But instead of just flat-out firing people, the Times decided to lead with a buyout option open to any newsroom employee, which they delivered to everyone the next day.

And when the packages arrived, via UPS Next Day Air, they had some surprising details, as uncovered by the New York Observerwho managed to snag an envelope. The buyout, the Observer is reporting, consists "generally" of "three weeks pay per year of service and up to two years pay for longtime employees." Times editor Bill Keller explained the option thusly:

(more...)

Surprising Reaction To NYT Layoffs: 32% Of Commenters Say ‘We’ll Pay!’

Surprising Reaction To NYT Layoffs: 32% Of Commenters Say 'We'll Pay!'

Yesterday afternoon the New York Times announced it would be cutting 100 newsroom jobs, about 8% total, by the end of the year. To do so the paper would first be "offering buyouts to union and non-union employees, and resorting to layoffs if it cannot get enough people to leave voluntarily." The layoff announcement reportedly took the newsroom by surprise (despite Bill Keller's continuing dire pronouncements about the state of the Times), it also apparently put the scare into NYT.com readers. (more...)

Source: More Layoffs Expected Today At Condé (UPDATE – It’s Golf World)

Source: More Layoffs Expected Today At Condé (UPDATE - It's Golf World)

breaking Yesterday, Mediaite broke the news that layoffs at Vogue were coming. Peter Kafka at All Things D later reported that at least six have been laid off (we had heard that seven were let go). Today we are hearing that another title will be letting staffers go, though its unclear at this point which magazine will be making the cuts. Update - its the Golf mags. (more...)

Source: Vogue Layoffs May Be Coming Today (UPDATE – They Came)

Source: Vogue Layoffs May Be Coming Today (UPDATE - They Came)

It has been widely reported that nearly every surviving title at Condé Nast has been tasked with cutting 25% of their overall budgets. We also know that the Editors-in-Chief at each title have been given the leeway to make the cuts as they see fit, on their own schedule. The timing of these cuts has been closely guarded until now, and it remains unclear when cuts will come for each title. UPDATE - All Things D reports that at least six have been laid off. (more...)



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