layoffs

News Byte

Tumblr Cuts Editorial Team

Peter Kafka in Media on April 9 at 7:01 pm PT

Tumblr is disbanding Storyboard, its four-person editorial team, and all four employees will be “moving on,” CEO David Karp said in a post. Late last year, Tumblr told Forbes that it was hoping to generate $100 million in revenue in 2013; last month, it also told Bloomberg that it would be profitable this year. Update: Tumblr PR tells BetaBeat that three employees will be let go.

Pop Culture Web Publisher BuzzMedia Lays Off 20 Percent of Staff, Restructures

Peter Kafka in Media on February 28 at 6:10 am PT

The company behind sites like Spin and Idolator lets go of 50 people, plans to hire 25 others.

Time Inc. Layoffs Will Cost $60 Million

Peter Kafka in Media on February 6 at 4:45 am PT

Firing 6 percent of your workforce isn’t cheap.

Time Inc. Lays Off 500 (Memo)

Peter Kafka in Media on January 30 at 9:35 am PT

We knew they were coming; now we know how many. Here’s the memo.

Time Inc. Cuts Come Tomorrow

Peter Kafka in News on January 29 at 3:23 pm PT

After a year on the job, CEO Laura Lang makes her first big move. It won’t be pleasant.

Time Inc. Braces for Layoffs This Week

Peter Kafka in Media on January 27 at 2:24 pm PT

They’ve been in the works for a long time, and they could be big.

The Daily Says — And Sings — Goodbye

Peter Kafka in Media on December 14, 2012 at 8:00 am PT

Adieu! (Plus a layoff blast from the past.)

Newsweek’s Web-Only Future: Inevitable, and a Whole Lot Smaller

Peter Kafka in Media on October 19, 2012 at 7:13 am PT

The print magazine is going. The tablet magazine looks unlikely. Which leaves a modest-size Web site, and a bunch of layoffs.

News Byte

Google Bumps Up Size, Cost of Motorola Cuts

Peter Kafka in Mobile on October 4, 2012 at 3:55 am PT

Google says that cuts at its newly acquired Motorola Mobility unit will be broader than it first thought, and it will now spend $300 million on severance charges. In August, the company told investors that those charges would cost $275 million. Google says it will also spend another $90 million on “other charges related to facility and market exits,” and says more cuts and charges may come, “some of which may be significant.”