Jobs & Layoffs
Joseph Tartakoff
May 6, 2010 2:18 PM
Digg, which saw the departure of longtime CEO Jay Adelson a month ago, is now laying off 10 percent of its staff. In an e-mail sent to employees, founder Kevin Rose says the layoffs are necessary for the “long-term health” of the business. The job cuts—Digg’s second round of layoffs…
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Jobs & Layoffs, Media & Publishing, Social Media, Community, digg
David Kaplan
Apr 23, 2010 2:13 PM
Citizen-J site NowPublic has laid off several members of its dozen-person staff, paidContent has been told, confirming portions of an earlier post by Reportr.net. In an e-mail message to paidContent, NowPublic’s founder Leonard Brody said that, contrary to the earlier report that the site was headed for its demise, NowPublic…
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Jobs & Layoffs, Media & Publishing, Newspapers, Online News, Social Media, News Sharing, nowpublic
Joseph Tartakoff
Apr 15, 2010 1:58 PM
Looks like the departure exactly a month ago of long-time Ning CEO Gina Bianchini was not as benign as Ning tried to portray it. The build-your-own social network startup is laying off 40 percent of its staff, or 69 employees, and is moving to an entirely paid model. In a…
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Jobs & Layoffs, Money, Social Media, Community, ning
David Kaplan
Apr 9, 2010 6:07 PM
Meredith (NYSE: MDP) is reorganizing its National Media Group to streamline its digital content creation and sales and marketing efforts and the publisher will cut an unspecified number of jobs by the time the task is completed, according to a memo obtained by paidContent statement issued by the company. It…
Meredith's memo, after the jump »
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Advertising, Jobs & Layoffs, Media & Publishing, Magazines, meredith
David Kaplan
Apr 5, 2010 4:20 PM
The relatively positive jobs report last week could mean that recruitment sites return to healthier ad revenues. In preparation of a somewhat healthier employment ad market, Zapoint, a company that bills itself as a “career and talent management platform,” has acquired social recruiter Jobster, Techcrunch reported. Terms weren’t disclosed.
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Advertising, E-Commerce, Classifieds Business, Jobs & Layoffs, Money, M&A & Venture Capital, Mergers & Acquisitions, jobster, zapoint
Joseph Tartakoff
Mar 31, 2010 6:31 PM
RealNetworks (NSDQ: RNWK)—which is in the midst of a major reorganization—is cutting another four percent of its workforce, or 60 jobs. This is the first round of layoffs at the company since Rob Glaser stepped down as CEO. Interim CEO Bob Kimball is restructuring the company around two of its…
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Jobs & Layoffs, Companies, RealNetworks
Joseph Tartakoff
Mar 16, 2010 6:41 PM
News Corp.-owned IGN Entertainment, which includes both the video game network of the same name, as well as sites like AskMen, is going through a major round of layoffs. In an all-staff memo sent today, IGN president Roy Bahat says that while the company has been “doing well—we’re profitable and…
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Jobs & Layoffs, Companies, News Corp.
Joseph Tartakoff
Mar 15, 2010 2:40 PM
Weedle, a site that lets users find people who have specific skills and also pitch their own, has raised $4 million in funding. On Weedle, users create short profiles for free complete with their background, as well as the service they’re providing. They can also “vouch” for other members. Weedle…
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Jobs & Layoffs, Money, M&A & Venture Capital, Venture Capital, Social Media, Community, Countries, Europe, Ireland, enterprise ireland, weedle
David Kaplan
Mar 11, 2010 3:33 PM
About 25 staffers were let go from Bloomberg BusinessWeek as the title prepares for its major redesign late next month. Among the 25 who were cut were senior reporters Tom Lowry and Michelle Conlin, FishbowlNY reported. The layoffs were attributed to “redundancies,” a Bloomberg rep told Mediaweek. Separate from the…
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Jobs & Layoffs, Media & Publishing, Magazines, bloomberg, bloomberg businessweek, businessweek
Joseph Tartakoff
Mar 5, 2010 5:21 PM
Google (NSDQ: GOOG) is doling out about $8 million in bonuses to several top employees “in recognition of executive officers’ contributions to performance,” according to an SEC filing just filed. All of the payments are up considerably from last year. The details: CFO Patrick Pichette, SVP Alan Eustace, and SVP…
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Jobs & Layoffs, Money, Companies, Google, alan eustace, david drummand, jonathan rosenberg, patrick pichette
Joseph Tartakoff
Mar 3, 2010 6:20 PM
Take-Two Interactive (NSDQ: TTWO), which is under heavy pressure to turn-around its flagging performance, is cutting 15 percent of its corporate staff. (A spokesman wouldn’t say how many jobs were cut but said no positions were eliminated at Take-Two’s studios). The company described the job cuts as part of a…
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Entertainment, Gaming, Jobs & Layoffs, Money, Earnings, take-two interactive
Joseph Tartakoff
Mar 1, 2010 3:10 PM
BraveNewTalent, a British social recruiting site which has its sites on an overseas expansion, has raised £350,000 (roughly $560,000) in a funding round from nine angel investors. The site—which mixes social networking with job searching—promises to let students and graduates “find, follow and build a relationship with employers of choice.”…
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Jobs & Layoffs, Money, M&A & Venture Capital, Venture Capital, Social Media, Community, bravenewtalent
Joseph Tartakoff
Feb 23, 2010 3:35 PM
ABC (NYSE: DIS) News is planning a major restructuring of its operations that will likely leave it with “substantially fewer people on staff,” according to an e-mail sent to employees this afternoon by ABC News President David Westin. Westin calls it a “fundamental transformation” that will “ensure that ABC News…
Full memo, after the jump »
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Jobs & Layoffs, Companies, Disney, ABC
David Kaplan
Feb 22, 2010 11:36 PM
Considering that unemployment is still up double digits and the unemployment classifieds ad revenue continues to plummet, it’s not all that ironic to learn that even recruitment site Monster Worldwide is laying off 200 staffers. The cuts represent about 3.5 of Monster’s global workforce, which is now roughly 5,600. The…
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Advertising, E-Commerce, Classifieds Business, Jobs & Layoffs, Media & Publishing, Newspapers, monster
David Kaplan
Feb 11, 2010 4:43 PM
Updated: Veoh, the Michael Eisner-backed video site, has been struggling for some time and has now filed for bankruptcy, according to a message CEO Dmitry Shapiro put up on his blog this afternoon; MediaMemo first reported that a bankruptcy filing was coming, citing unidentified sources, earlier today. The San Diego…
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Jobs & Layoffs, Media & Publishing, Money, Bankruptcy, Social Media, Video, veoh
Joseph Tartakoff
Feb 5, 2010 3:14 PM
Career site Doostang has raised $1.25 million in a funding round from Shasta Ventures, the company tells us. The site promises its users “inside access to thousands of jobs from top employers.” A basic version is free, although Doostang charges for a premium version, which includes unlimited access to job…
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Jobs & Layoffs, Money, M&A & Venture Capital, Venture Capital, Social Media, Community, doostang, shasta ventures
Rafat Ali
Feb 4, 2010 12:49 AM
Some more sale details of Yahoo’s jobs service HotJobs to Monster, announced earlier today, have come out in an SEC filing. The companies have already announced a three-year “commercial traffic agreement,” under which Yahoo (NSDQ: YHOO) will feature Monster job content on its home page, and has a performance based…
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Jobs & Layoffs, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Yahoo, hotjobs, monster
Joseph Tartakoff
Feb 3, 2010 4:26 PM
Yahoo’s garage sale is finally attracting some buyers. Three weeks after Yahoo sold its Zimbra e-mail and communications platform to VMWare, the company has now sold its HotJobs recruiting site to Monster Worldwide (NSDQ: MNST) for $225 million. The sale comes nine months after Yahoo (NSDQ: YHOO) put HotJobs up…
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Jobs & Layoffs, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Yahoo, hotjobs, monster
Joseph Tartakoff
Feb 2, 2010 7:35 PM
Brazen Careerist, a social networking site geared towards “next-generation professionals,” has raised about $1 million in a funding round, according to an SEC filing. As the name implies, no fun and games on this site. Instead, it’s specifically designed to help young people advance in their professions—a role that the…
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Jobs & Layoffs, Money, M&A & Venture Capital, Venture Capital, Social Media, Community, brazen careerist
David Kaplan
Jan 11, 2010 12:39 PM
AOL (NYSE: AOL) is announcing a “limited number” layoffs today, as not enough staffers applied for the voluntary buyouts the company said it needed last November. At the time, AOL called for up to 2,500 volunteers—roughly a third of its global workforce to accept a buyout. Only 1,100 staffers volunteered…
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Jobs & Layoffs, Companies, AOL