Newsweek Continues to Lose Staff


By Chris O'Shea Comment

Adweek is reporting that Tina Brown will not stop until she conquers the world. Or something close to that, at least. The latest rumor to emerge out of the Newsweek/Daily Beast merger is that as time goes on, it’s looking less like a merger and more like a takeover. Newsweek has already lost a lot of its staff, and now those that are still there are being offered buyouts. The result, according to an unnamed source at the magazine, is chaos:

Everyone is sitting around waiting for the buyout money. The place is like a ghost ship [with] nobody at the rudder. Beast people aren’t running it yet, and Newsweek people have mentally checked out.

Not exactly the best way to start.