Subscribe to our RSS feed!
Popular » Botched Debate AdWords Case Funny Death By Blogging Wikipedia Rant Craigslist Money Link Bartering

Nielsen Business Media Makes Layoffs


Yep, it's euphemism time again

The stock market has stopped doing 200-point dives, and for a time, it seemed like another hallmark of recessions had also become rare.  Unfortunately, some "restructuring" has once again occurred, and employees of Nielsen Business Media were the ones to be affected.

Nielsen Layoffs
 Nielsen Business Media Makes Layoffs

About 45 people were cut, according to Rebecca L. Fox.  Admittedly, as a percentage of the overall Nielsen Company, this can pretty much be rounded down to zero.  It's just that the arm focused on sales and marketing solutions is starting to look somewhat sick.

Rafat Ali reports, "The layoffs were scattered across editorial departments of Adweek, Brandweek, Mediaweek, Editor & Publisher and the Hollywood Reporter, all of which have been reeling on ad revenues over the last year or so."

Also, "This comes amidst continued rumors that the parent Nielsen had been considering a sale of the business media unit, mirroring what rival Reed Elsevier has done with Reed Business unit."

It may not be time to break cover yet, then, although on the bright side, the Dow is up around 90 points just now.

Digg This! StumbleUpon This!
AddThis Social Bookmark Widget

About the author:
Doug is a staff writer for WebProNews. Visit WebProNews for the latest eBusiness news.

Comments

Nielsen

Perhaps they'll be unloading their book publishing division next, Watson-Guptill Publications?

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
10 + 2 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.
Subscribe to WebProNews


Send me relevant info