Crikey. The Gannett Company, which has daily papers in the UK and publishes USA Today, The Detroit Free Press, The Arizona Republic and dozens of smaller papers in the US, has told staff they must take a week off without pay as part of efforts to avoid layoffs.
I remain relentlessly optimistic about the future of journalism, believing that it will outlive its current institutions and models - and I'm not alone in this judging by a few conversations I've stumbled across online recently (on Twitter and blog comments - too hard to link to just now). For a start, I still read a lot of quality journalism. It's just that much of it is in non-fiction paperbacks, specialist magazines and blogs. Nothing wrong with that.
From a Washington Post media piece about still-declining ad revenue and "hiring freezes turned to buyouts and then to layoffs" come these two rather grim quotes.
It seems almost a daily occurrence and perhaps not noteworthy anymore, but here's a round-up of a few job cut announcements made by big news companies in recent days: 1. US journalism union threatens action over Reuters decision to increase its outsourcing of financial reporting to Bangalore, India. 2. Thomson Reuters is cutting 140 journalist jobs, mostly from Europe.
I'm not proud, but it's been taking me an awfully long time to get through my emails and feed aggregator lately so these tidbits have been kicking around a week or so. 1. Four US newspaper chains join forces to create combined ad group selling spots across all the companies' websites. The four, Hearst, NY Times, Tribune and Gannett, said it was the best way for them to compete against Google, AOL and others.
One more from Mr Jarvis. He's set up a small survey asking which sections of a newspaper you would cut if you were the owner.
Sunday, January 18, 2009
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