Layoffs

Mashable Lays Off Editorial Staff as It Shifts Focus to Video

A week after finding a TV partner in its hastened push into video, Mashable is laying off several editorial staffers.

Upworthy Lays Off 14 Staffers to Focus on Digital Video

Upworthy, the content-aggregation site known for its positive, feel-good viral posts, is jumping further into the digital video fray.

Stuart Elliott Takes Buyout as NYT Continues to Lose Top Media and Advertising Reporters

The giant sucking sound you might be hearing from Manhattan this week is probably the vacuum of media and marketing insight being created by New York Times buyouts.

WWE Will Cut 7% of Its Workforce

World Wrestling Entertainment will slash 7 percent of its workforce after reporting operating at a loss in the second quarter due to the costs of ramping up its online-subscription service.

Despite Promises to Advertisers, Microsoft Disbands Xbox TV Studio

Microsoft's digital TV strategy is toast, with its Los Angeles studio closing during this massive round of layoffs.

ModCloth Cuts Almost 15% of Staff

Online clothing retailer ModCloth, which specializes in vintage designs, recently laid off 15 percent of its staff, or approximately 70 employees, TechCrunch reports. The layoffs affected employees at all three company offices, in San Francisco, Los Angeles and Pittsburgh.

Microsoft Announces Largest Ever Round of Layoffs

Microsoft plans to cut up to 18,000 jobs by the middle of next year, as part of "a restructuring plan to simplify its organization and align the recently acquired Nokia Devices and Services business with the company’s overall strategy," the company said in a statement tod

Time Inc. Spinoff Set for June 6

Save the date: On June 6, Time Inc. will officially complete its long-awaited spinoff from parent company Time Warner, which was first announced over a year ago.

TBWA\Chiat\Day L.A. Cuts 5% of Its Staff

The Playa del Rey, Calif. office of TBWA\Chiat\Day is laying off about 24 employees or roughly 5 percent of its total staff of 450, sources said.

Crispin Attributes 10% Staff Cut to Arby’s, Microsoft

Crispin Porter + Bogusky trimmed its U.S. staff by 10 percent, a cut that stems chiefly from the loss of Arby's and shrinkage in the agency's Microsoft business.