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Media Winter

Media Winter

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Layoffs Hit Thomson Reuters

Thomson Reuters is laying off an indeterminate number of staffers today. The laid off staffers are coming from sales, training and, yes, editorial–where the news service has been over headcount.

“Yes, I can confirm there have been layoffs across Thomson Reuters today, including editorial,” said Barb Burg, vice president and global head of communications at Reuters told Talking Biz News. ”Similar to efforts across the company, the Reuters organization is focusing attention on our global cost structure as well as the need to simplify and ensure we have the skills and expertise within our organization so we can continue to contribute maximum value to the business and our customers.” Read More

Media Winter

New York Times Building

Joyce Wadler Takes NY Times Buyout

Joyce Wadler, the original bold-faced name columnist, has decided to take a buyout, a source tells us. The announcement was included in a longer email to Times staff, noting that Ms. Wadler would leave the Times to pursue her passion: humor writing.

With the January 24 deadline for voluntary buyouts fast approaching, more exit announcements in the coming days are to be expected. In December, executive editor Jill Abramson announced that she had to cut 30 positions. If not, layoffs.  Read More