New York Times to cut 100 newsroom jobs
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The New York Times Co  will  eliminate 100 newsroom jobs, the company confirmed on Thursday,  as it girds for a weaker economy and an overall decline in  print advertising and circulation revenue.
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ABC News said Friday that it will cut 35 jobs over the next two years as part of a companywide restructuring that will move more resources into digital news.
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Media company Belo Corp. said yesterday that it will cut 250 jobs, mostly at its Dallas newspaper and TV station. A company spokesman said cuts will be made across Belo&#39;s operations,, though
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Wal-Mart Stores Inc  is set to shake up its sluggish apparel unit by shutting two divisions at its Arkansas headquarters, eliminating dozens of positions and moving dozens more to New York, the New York Times reported on Wednesday.
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The New York Times said on Monday it  will end its paid TimesSelect Web service and will make most of  the contents of its Web site available for free.
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Entertainment industry trade paper  the Hollywood Reporter has laid off 10 employees, including  three senior editors, in a restructuring, its publisher said on  Thursday.
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The Wall Street Journal, whose parent Dow Jones & Co. is the target of a $5 billion takeover offer by News Corp., is set to shake up its newsroom by reassigning and replacing several top editors, the New York Times reported on its Web site.
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Asset manager Putnam Investments on Monday said it planned to cut roughly 100 jobs to be more competitive. Putnam&#39;s corporate parent Marsh &amp; McLennan Cos.
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Kodak Versamark&#39;s parent company, Eastman Kodak Co., reported Tuesday it plans to eliminate almost 900 jobs this year in a restructuring of its overseas operations.
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EarthLink Inc said on Tuesday it will  cut about 900 jobs, or nearly half its staff, as part of a  restructuring to reduce costs at the Internet service provider.
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Just two years after it introduced its premium online subscription service, the New York Times on Tuesday said it will be doing away with TimesSelect on Wednesday and allowing free access to the majority of its content.
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The Chicago Sun-Times may lay off up  to 35 unionized newsroom staffers in the next four weeks as it  struggles to cut costs in the face of falling circulation and  advertising revenue, a spokeswoman confirmed on Friday.
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ABC News will cut about 35  positions worldwide as part of a two-year review of its  operations that will reposition the news division for the world  of digital media.
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NEWS International, the UK newspaper unit of News Corp, is to cut its 1000-person production staff by two-thirds and move its London printing facilities from Wapping to Enfield, in north London.
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The New York Times Co. NYT.N said on   Thursday it forecast lower third-quarter earnings than during   the same quarter last year because of a "challenging" print   advertising market.
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Job cut announcements by US employers totaled more than 100,000 for a second month in October, suggesting companies may trim work forces in anticipation of fewer orders, a private survey found.
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The Wall Street Journal, whose parent  Dow Jones & Co. is the target of a $5 billion takeover offer by  News Corp., is set to shake up its newsroom by reassigning and  replacing several top editors, the New York Times reported on  its Web site.