Layoffs

RealNetworks to Lay Off 4% of Staff

Authored by Mark Hefflinger on November 5, 2009 - 10:52am.
Seattle - RealNetworks (NASD: RNWK) will lay off 4% of its staff, or about 70 of its 1,700 employees, in a bid to cut costs amid the economic downturn, All Things D reports.

Survey: More Firms Planning to Reverse Salary, Hiring Freezes

Authored by Mark Hefflinger on October 30, 2009 - 7:09am.
Arlington, Va. - Approximately half of the companies that froze salaries and hiring in the past year now plan to unfreeze them in the next six months, according to a new survey by consulting firm Watson Wyatt.

Web Metrics Firm comScore to Acquire Certifica, Cut Jobs

Authored by Mark Hefflinger on October 30, 2009 - 6:46am.
Reston, Va. - Boosting its presence in the fast-growing Latin American market, comScore (NASD: SCOR), a provider of Internet audience measurement services, said it will acquire Chilean Web measurement firm Certifica.

Reports: Activision Makes Layoffs, Closes Shaba Studios

Authored by Mark Hefflinger on October 9, 2009 - 9:00am.
Santa Monica, Calif. - Vivendi-owned video game publisher Activision (NASD: ATVI) has laid off an estimated 30 employees from its 7 Studios unit, and shuttered its Shaba Games studio in San Francisco, resulting in another 30 layoffs, according to reports from Kotaku and PaidContent.

Report: Conde Nast Digital Laying Off 15 Staffers

Authored by Mark Hefflinger on October 9, 2009 - 8:06am.
New York - Conde Nast Digital, the online publishing arm of the veteran magazine publisher, has laid off more than 15 employees, most of whom worked in ad sales, Mediaweek reports.

Conde Nast to Lay Off 180, Shutter Gourmet, Other Titles

Authored by Mark Hefflinger on October 5, 2009 - 9:08am.
New York - Veteran publishing house Conde Nast will lay off about 180 people and shutter its Gourmet, Cookie, Modern Bride and Elegant Bride, as part of a cost-cutting initiative launched after a three-month review of the company by McKinsey & Co.

Orchard CEO Resigns; Company Lays Off 20% of Staff

Authored by Mark Hefflinger on September 30, 2009 - 10:35am.
New York - The Orchard (NASD: ORCD), a digital distributor of independent music and video content, announced on Wednesday that president and CEO Greg Scholl has resigned, and additionally that the company has laid off 20% of its staff as part of a cost-cutting initiative. Scholl will remain on through the end of October, at which time Danny Stein -- an Orchard board member and currently also chairman and CEO of eMusic -- will replace him as interim CEO.

Salon Lays Off 20% of Editorial Staff

Authored by Mark Hefflinger on August 18, 2009 - 11:47am.
San Francisco - Online magazine Salon.com has laid off six of its editorial staff -- or about 20% of its total team -- including three editors, a writer, photo editor and producer, Gawker.com reported. "We are moving away from a very traditional magazine production model and becoming more of a true Web publication, with a more direct publishing system" that will launch in the fall, Salon CEO Richard Gingras told Gawker. "We think this direction makes us a stronger company, and puts us in a good position to not just weather the economic storm but emerge much stronger than ever."

Rumors Swirl About Potential Mass Firings at AOL

Authored by Mark Hefflinger on August 12, 2009 - 10:09am.
Dulles, Va. - Citing "chatter in Dulles," Silicon Alley Insider reported on Wednesday that AOL could lay off upwards of 2,000 employees next week as part of its ongoing restructuring. A source close to the company, however, told the blog that the speculation may be premature, though "the source does expect significant layoffs at some point."
tags: AOL | Layoffs | Time Warner |

Music Joint Venture Rhapsody Lays Off 9% of Staff

Authored by Mark Hefflinger on August 6, 2009 - 9:54am.
Seattle - Rhapsody, the digital music service joint venture between RealNetworks (NASD: RNWK) and Viacom's (NYSE: VIA) MTV Networks, is laying off 9% of its employees, All Things D reported. Most of the cuts are coming in the service's editorial department, including writers, radio programmers and product managers.

Warner Bros. Ends Up Paying $49 Million for Midway Games

Authored by Mark Hefflinger on July 17, 2009 - 8:03am.
New York - Time Warner's (NYSE: TWX) Warner Bros. Entertainment paid a total of $49 million to acquire the assets of bankrupt video game publisher Midway Games, as opposed to the $33 million purchase price stated when the deal was announced in May, Gamespot reported, citing a regulatory filing.

Report: AOL's Future Likely Will Include Fewer Employees

Authored by Mark Hefflinger on July 13, 2009 - 7:05am.
New York - AOL is likely to shed at least several hundred more jobs over the coming months as it refines its focus as a newly independent company, Silicon Alley Insider reported.

Social Media App Developer Slide Cuts Ad Sales Staff

Authored by Mark Hefflinger on July 7, 2009 - 8:00am.
San Francisco - Slide, a developer of social media applications including its eponymous photo slideshow, has laid off a portion of its advertising sales staff, GigaOM reported.

Mobile Entertainment Firm Dada Reduces Headcount

Authored by Mark Hefflinger on July 7, 2009 - 7:28am.
New York - Dada Entertainment, a mobile entertainment distribution joint venture between major label Sony (NYSE: SNE) Music and Europe's Dada SpA, has laid off an undisclosed number of staffers in the wake of Sony exiting the venture last week, Billboard reports.

Report: Evite Lays of a Quarter of Employees

Authored by Jay Baage on July 2, 2009 - 8:08am.

New York - Online invitation service Evite, owned by IAC (NSDQ: IACI), is has laid off almost a quarter of its personel, 9 employees out of 38 total, and will reorganize to cope with a slump in advertising, according to Paid Content. IAC Chairman Barry Diller said in the first quarter earnings call that display advertising on Evite, its main source of revenue, has been hurt due to the downturn.

tags: IAC | Layoffs | Evite |

Gannett To Lay Off 1,400, Digital Units Safe

Authored by Jay Baage on July 2, 2009 - 6:47am.
New York - Newspaper publisher Gannett Co. (NYSE: GCI), owner of USA Today and dozens other newspapers, plans to cut 1,400 jobs in the next few weeks, as a result of decreased advertising revenue.

Joost to Become White-Label Video Provider; CEO Volpi Out

Authored by Mark Hefflinger on June 30, 2009 - 7:12am.
New York - Joost, the video distribution firm launched by the creators of Kazaa and Skype, announced on Tuesday that it will cut staff and turn its focus from an entertainment portal to being a provider of white-label video services. Chief executive Mike Volpi is stepping down, but will remain chairman, and will be replaced by former Comcast executive Matt Zelesko.

MySpace Cuts Two-Thirds of Intl Staff, Will Shut Some Offices

Authored by Mark Hefflinger on June 23, 2009 - 5:41am.
Los Angeles - Following the trimming of 30% of its U.S. staff last week, News Corp.'s (NYSE: NWS) MySpace social network announced on Tuesday that it will additionally lay off two-thirds of its international workforce, and close at least four of its offices abroad. The company, which recently saw its monthly traffic fall below that of rival Facebook for the first time, will now count around 150 employees outside of the U.S.

Ziff Davis to Shutter ExtremeTech Gadget Reviews Site

Authored by Mark Hefflinger on June 22, 2009 - 10:23am.
San Francisco - Publisher Ziff Davis plans to shutter its ExtremeTech gadget-related news website and lay off the staff in the coming weeks, VentureBeat reported.

MySpace Lays Off 420 Employees; 30% of U.S. Staff

Authored by Mark Hefflinger on June 16, 2009 - 10:47am.
Los Angeles - Confirming reports from last week, News Corp.'s (NYSE: NWS) MySpace announced on Tuesday that it will cut 30% of its U.S. staff, or about 420 employees, "as part of a plan to restructure itself into a more innovative, efficient, and entrepreneurial business," the company said. "Simply put, our staffing levels were bloated and hindered our ability to be an efficient and nimble team-oriented company," said new MySpace CEO Owen Van Natta.