Saw this diddy on Perez Hilton today (the oh, so newsy perveyor of newsy news). The internet is going to overtake magazines in ad sales, in 2010. Still, bloggers are catching up to the scurrying heals of magazines. Page Six has bowed down to the hype and actually started its own blog. And now comese this news from Business Wire:
The San Diego Union-Tribune offered employee buyouts Monday in an effort to cut dozens of positions amounting to about 6 percent of its work force. The newspaper told employees that the move is a response to challenging industry conditions. It said it will consider layoffs if enough people don't leave voluntarily. An internal memo lists at least 83 targeted positions, including 43 in the newsroom. The newspaper has 1,422 employees. Other employees whose jobs were not targeted were also invited to apply for a buyout. Employees will get 1.25 weeks' pay for every six months of employment, up to one year of pay. They have until Dec. 12 to decide whether to apply and would leave the company by the end of this year.
Whoa, that sucks (really). Head up Union Tribune employees, there's always room on the net!
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Places I've Been: Every Friday Cutcha tells you about a place she's been. San Diego sites, attractions and fun. She'll tell you about her San Diego.
Tuesday, December 4, 2007
Holy Crap Bloggers are Taking Over the World
Posted by Cutcha at 10:59 AM
Labels: Business Wire, Employee Buy Outs, Internet Ad Sales, Magazine Sales, Page Six, Perez Hilton, San Diego Union Tribune
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