30 More Buyouts Coming to the New York Times

Hamilton Nolan · 12/03/12 09:26AM

The New York Times, like the rest of the newspaper industry, went through a painful series of buyouts after the 2008 financial collapse exacerbated the already ongoing collapse of the newspaper industry. In 2009, they cut 100 positions. In 2011, they had 20 more buyouts. This morning, they announced they want 30 more.

New York Times Asks For More Newsroom Buyouts

Hamilton Nolan · 10/13/11 10:33AM

The following email just went out to New York Times newsroom staffers. These are the first buyout offers the paper's put out since the real depths of the recession in 2009. "Voluntary," yes. But not a good sign.

News Corp Is Back!

Hamilton Nolan · 08/11/11 02:26PM

In your sunny Thursday media column: News Corp stock bounces back, buyouts at the Baltimore Sun, the WaPo forswears a paywall, CNN wants to hire internet tipsters, and Jake Tapper has advice.

GoDaddy in Talks to Sell for $2 Billion

Adrian Chen · 06/24/11 12:42PM

Web domain name giant GoDaddy is reportedly in talks to be bought out for more than $2 billion. Who knows what kind of exploits GoDaddy's ridiculous elephant-killing CEO, Bob Parsons, will get up to with that kind of dough. He'll probably fly to a remote island and hunt the world's most dangerous game: tech bloggers. Honestly, we're terrified.

Blasé People Editor Confirms Layoffs

Ryan Tate · 12/04/08 08:04PM

People editor Larry Hackett sent out a memo late today indicating the celebrity magazine got rid of 18 editorial staff, per the goal it set in early November. The communique, reprinted after the jump, gave no indication of whether the voluntary buyouts the Time Inc. title sought had to be supplemented with involuntary firings. Nor did it specify which staffers were leaving, or which bureaus were most heavily affected. But then it was written by the same guy who let his magazine slide into the common tabloid muck it was once a cut above, only to rationalize and narrowly deny the whole scandal, so what do you expect, forthright, expansive honesty?