Magazines and Newspapers continue redundancies
Going into the last month of 2009 the redundancies at Newspapers and magazines are not showing signs of stopping.
The Washington Post is closing its bureaus in Chicago, Los Angeles and New York as the money-losing newspaper retrenches to focus on politics and local news in the nation’s capital. via Washington Post closing U.S. bureaus | Reuters.
The list of staffers downsized from Time Inc. yesterday grew by another 25 people, even though it appeared that CEO Ann Moore and Editor-in-Chief John Huey would wait until after Thanksgiving to begin this round of cuts. Fortune was the hardest-hit title. Including yesterday’s layoffs, about 30 staffers have left the company rather than the expected 40, with about 22 from the edit side. via Turkey Time Inc. – NYPOST.com
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