Posted on 12/06/2012 11:36:21 AM PST by jimbo123
It's got to be a sad day at the Newsweek Daily Beast Co., where the layoffs that have been in the offing since the company announced it would fold Newsweek have begun.
The staff got an email at lunchtime today from editor in chief Tina Brown and CEO Baba Shetty notifying them that editorial staffers would learn if their positions are being eliminated.
The company announced in October that it would take Newsweek digital-only in 2013it's expected to lose $40 million this yearending a costly experiment to combine the weekly newsmagazine and online upstart into a profitable entity.
(Excerpt) Read more at adweek.com ...
Good riddance to bad rubbish!
I am numb with sorrow.
I’m sure the knowledge of all they’ve done to tart up liberalism over the years will console them as they go on government relief.
Crushed; what I am...
Tina Brown should lead by example.
How many staffer’s salaries does her paycheck equal?
Now they’re free to worship Obama all day. Just charge up the EBT and they’ll all be happy.
Rotten no good traitorous filth. I hope each and every one of them is reduced to eating tree bark like the subjects of the original dear leader.
Fairness would have her change places with the janitorial staff and live in a 1-bedroom near JFK Airport with roaches.
“Baba Shetty”?
The M’fers hated capitalism and it just laid them off. Now they can hate it even more!
Kirsten, I still love you baby. If you get laid off, call me. I left my number on the wall. 867-5309
bump
Well, the writing was on the wall...they chose not to read it. Next time they should try sticking to the truth and “reporting” the news and not making the news. I hope they enjoy their unemployment — Obama will enjoy his Christmas — On the up side now have 99 weeks unemployment, thanks to their reporting and support of “the one.”
Is this a good time to remind them that Pelosi says Unemployment benefits are a terrific stimulus to the economy?
Prior to this she made the same claim about food stamps, so if those newly unemployed (while the Obama’s vacay in Hawaii once again) can manage to collect both, they are sure to stimulate the economy.
Nancy said so.
I have this recurring dream where I go thru the Mickey D’s drive-thru and Maureen Dowd asks me if I want fries with that.
Kwanzaa.....isn’t that the holiday that’s only celebrated by white female schoolteachers?
In reading through the article, I got the impression that the organization lost 40 million dollars. If it had not lost 40 million dollars, the employees might not have been laid off. But maybe I didn’t read it right.
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