Posted on 09/09/2010 1:52:07 PM PDT by abb
By most accounts, The Washington Post Co. promised to sell Newsweek to Sidney Harman last month largely because his bid promised to keep the most employees in place. The question of layoffs at the struggling magazine has since seemed more a matter of “when” than “if.” The future cleared up a little on Wednesday at a company meeting held by Harman and chief executive officer Tom Ascheim at the magazine’s Hudson Street offices. Staffers learned their new owner will retain 75 percent of the company’s employees, and that the entire workforce will receive letters on Sept. 24 containing either a job offer or a severance package, a source with knowledge of the meeting said. When The Washington Post Co. announced the sale on Aug. 2, a spokeswoman for the publisher said the magazine had 350 employees, which would mean about 90 severance deals. The final number could be less, given the flood of high-profile editorial departures in the last month.
Yes abb, that was my point. :)
Hey journolister types - was giving up your job really worth the fun of giving the finger to half the American population? The conservative half? Maybe... there's new joys out there for you - "want cheese on your burger?"...
What is your source for that?
I do not buy Newsweek, but I am delighted to hear that another liberal rag is dying. I will celebrate the day when NPR goes off the air.
They have a plan to increase readership...everyoen who buys a pair of HarmonKardon speakers and/or ear buds gets a free, one year subscription..
They have a plan to increase readership...everyone who buys a pair of HarmonKardon speakers and/or ear buds gets a free, one year subscription..
Arthur Sulzberger Jr.: “We Will Stop Printing The New York Times Sometime In The Future”
http://www.mediaite.com/online/arthur-sulzberger-jr-“we-will-stop-printing-the-new-york-times-sometime-in-the-future”/
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