UPDATED 2/15/13 — WAPO joins ongoing Pravda media FAIL: Newsweek is gone, TIME is sinking… and the NYTimes needs a vent.
Possible NYT layoffs rattle media – Dylan Byers – POLITICO.com
“In the news business, no one is safe – not even senior editors at The New York Times. The media business was shaken on Friday when it was reported, first in New York Magazine and confirmed by POLITICO, that managing editor John Geddes, assistant managing editor Jim Roberts, dining editor Susan Edgerley, former Washington editor Rick Berke, and former Times Magazine editor Jerry Mazorati could all be casualties of the Times’ effort to cut costs.”
Time Inc. Will Lay Off 700 After 5% Ad Decline – Business Insider
“Time Inc. revenue fell 6% for the nine months ended in September to $2.5 billion. Profit dropped 14% to $220 million
A Time Warner spokesman declined comment.”