New York Times Offers Buyouts

New York Times Co. offered voluntary buyouts to “fewer than 20″ people in its flagship paper’s newsroom, according to an internal memo, while stressing that no layoffs were imminent.

Rackspace Is Not for Sale, but Thanks for Asking

Rackspace is one of several companies thought to be likely acquisition targets following the buyouts of Terremark and NaviSite. Ask CEO Lanham Napier about it, and he insists the company is not for sale, but he clearly enjoys being asked.

Cost-Cutting Costs Weigh on Verizon

The buyouts Verizon has offered some 11,000 employees have cost the company dearly. Posting second-quarter earnings Friday morning, Verizon said it lost $198 million, or 7 cents a share, largely as a result of–you guessed it–one-time costs related to workforce reductions.

AOL’s Ad Challenge, Explained

Tim Armstrong has a very long To Do list at AOL. But unless he can turn his sales problem around, none of the other stuff will matter very much.
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Will New York Times Vet Saul Hansell Run AOL’s New Robot Factory, or Something Less Ominous? Let’s Ask Him.

After 17 years at the New York Times, journalist Saul Hansell is heading to AOL to do…what exactly? It’s not entirely clear, even to Hansell himself. But he has some interesting ideas.
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AOL Automates Its Story Factory. Does That Kill an Associated Content Deal?

AOL is cutting its payroll by one-third. Now comes its plan to make the remaining employees more productive: New technology that assigns and even edits stories automatically. That sounds an awful lot like Associated Content, a start-up that AOL CEO Tim Armstrong invested in–and considered buying–earlier this year.
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