Layoffs and Job Reductions

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      Paramount Lays Off Hundreds of Workers

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      The company, which is moving away from traditional TV, lost more than $1 billion last year at its streaming division.Paramount, the owner of TV networks like Nickelodeon, MTV and Comedy Central, is laying off hundreds of employees, cutting costs as it continues its painful transition away from traditional television.About 3 percent of the company’s roughly 24,500 employees will be affected by the layoffs, according to a person familiar with the cuts, who spoke on condition of anonymity to discuss sensitive corporate information.Bob Bakish, Paramount’s chief executive, said in a memo to employees that the cuts were part of a bid to “return the company to earnings growth.”“While I realize these changes are in no way easy, as I said last month, I am confident this is the right decision for our future,” Mr. Bakish wrote. “These adjustments will help enable us to build on our momentum and execute our strategic vision for the year ahead — and I firmly believe we have much to be excited about.”Paramount is at a crossroads. The company’s controlling shareholder, Shari Redstone, is considering selling her stake in the company, a deal that could bring decades of family ownership to an end. Skydance, the media company that helped produce Paramount franchises like “Top Gun” and “Mission Impossible,” has expressed interest, but no deal has yet materialized.Like all its peers in traditional media, Paramount has struggled to keep pace with Netflix as streaming services supplant traditional TV and moviegoing. The company’s biggest streaming service, Paramount+, has not yet become profitable, putting a drag on the company’s profits. Paramount’s streaming division, which also includes the ad-supported service Pluto TV, lost more than $1 billion last year.Though viewership of Paramount’s cable networks is in decline, parts of its TV business remain resilient. Paramount’s CBS network, which broadcast the Super Bowl on Sunday, generated record ratings for the game, which saw the Kansas City Chief defeat the San Francisco 49ers in overtime. About 123.4 million people watched the game, according to Nielsen, up from 115.1 million the year before. More

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      Snap Lays Off 10% of Its Work Force

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      The company laid off more than 500 of its employees on Monday, or about 10 percent of its global work force.Snap, the parent of messaging app Snapchat, on Monday said it would lay off more than 500 employees, joining other tech companies in a wave of new cost-cutting measures.The layoffs amount to 10 percent of its global work force; the majority will occur in the first quarter of 2024. “We have made the difficult decision to restructure our team,” the company said in a securities filing, adding that it would take pretax charges of $55 million to $75 million, primarily for severance and related costs.Amazon, Google and Microsoft have announced layoffs this year, following tens of thousands across the sector last year. Snap laid off a small number of employees on Friday, Business Insider reported.The company is set to report earnings on Tuesday. Cost-cutting measures at other companies have buoyed stock prices. Snap shares were trading about 2 percent lower before the market opened on Monday.Like other social media companies reliant on advertising, Snap has had a rough couple years. Changes by Apple to its privacy policy in 2021 made it tougher for advertisers to track users — something that hurt Snap and also had a heavy effect on Meta, which owns Facebook and Instagram.Snapchat, which has more than 400 million daily active users, experienced a revenue decline in the first two quarters of last year and only 5 percent growth in its most recent quarter, which ended Sept. 30.In 2022, Snap cut 20 percent of its work force, or 1,300 jobs, and also discontinued at least six products. It let go nearly 20 product managers in November and in September shut a division that sells augmented reality products to businesses, laying off 170 people. More

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      Major Layoffs at Fair Fight, Voting Rights Group Founded by Stacey Abrams

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      Fair Fight, the liberal voting rights group founded by Stacey Abrams, is laying off most of its staff and scaling back its efforts in response to mounting debts incurred by court battles.Lauren Groh-Wargo, who led the organization before stepping down to manage Ms. Abrams’s second unsuccessful run for governor in Georgia in 2022, said she was returning as interim chief executive to lead the cuts, including laying off 20 employees — or 75 percent of the current staff.She added that Fair Fight was $2.5 million in debt with only $1.9 million cash on hand. Fair Fight raised some $100 million from 2018 to 2021.The cuts, in a decision made by the group’s board, would decimate a prominent liberal group that was once a fund-raising powerhouse for Democrats. The news was first reported by The Atlanta Journal-Constitution.Fair Fight has been involved in drawn-out legal battles over voting rights — for example, against a right-wing group, True the Vote, that sought in 2020 to remove some 250,000 registered voters in Georgia from voter rolls ahead of runoff elections for the state’s two Senate seats. A federal court ruled narrowly in favor of True the Vote this month.Fair Fight lost another court battle against the state of Georgia in early 2023, having claimed that restrictions on voter registration and absentee ballots violated voting rights. The group was ordered to pay more than $231,000 to cover the state’s legal fees.Ms. Abrams, at one point considered one of the nation’s most influential Democrats, founded Fair Fight after losing her first run for governor against Brian Kemp in 2018, but has not recently been involved with the group. Her efforts at building Democratic infrastructure in Georgia and driving voter turnout among the state’s people of color culminated in Democrats’ flipping both of Georgia’s Senate seats on Jan. 6, 2021.Ms. Abrams then lost her rematch against Mr. Kemp in 2022, and liberal grass-roots organizers and activist groups in Georgia, including Fair Fight, warned late last year that national financial support for their efforts had dried up ahead of the 2024 election. More

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      The Eugene Weekly Will Resume Printing After Embezzlement Discovery

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      The Eugene Weekly was forced to lay off all 10 of its staff members last month after it discovered tens of thousands of dollars in unpaid bills.A weekly newspaper in Oregon that laid off all of its workers in December after an employee embezzled tens of thousands of dollars will resume its print edition on Feb. 8 after raising enough money through donations, its editor said on Sunday.The newspaper, The Eugene Weekly, abruptly stopped printing after it discovered financial problems, including money not being paid into employee retirement accounts and $70,000 in unpaid bills to the newspaper’s printer, leading it to lay off all 10 of its staff members just days before Christmas, its editor, Camilla Mortensen, said at the time.Over the past month, however, Ms. Mortensen has continued publishing articles online with the help of interns, freelancers and retired reporters and editors — many of whom were willing to work without pay to keep the paper afloat — she said on Sunday.As of this week, Ms. Mortensen and three other staff members will be brought back onto the payroll in preparation for the Feb. 8 edition, she said, noting that the return to print was made possible by readers and members of the public who raised at least $150,000 after the financial problems were reported.“With all this support from people, there’s just no way we can’t try — we have to try printing,” Ms. Mortensen said.The theft, leaders of the newspaper said in a Dec. 28 letter to readers, had been hidden for years and left its finances “in shambles.” The paper has hired a forensic accountant to investigate.Leaders of the paper said that while the situation was unprecedented, they believed in the newspaper’s mission, and were “determined to keep EW alive.”The Eugene Police Department could not be immediately reached on Sunday evening for comment about the embezzlement but said previously that it was investigating. The now-former employee accused of stealing, who was involved in the newspaper’s finances, has not been publicly identified.The free paper, founded in 1982, previously printed 30,000 copies each week. Copies could be found in bright red boxes in and around Eugene, Oregon’s third-largest city.Ms. Mortensen, who became editor in 2016 after nearly a decade at the paper, said Sunday that the closure had been painful.“Every time I walk by one of our little red boxes, there’s no paper in it, it stabs me in the heart,” she said, noting that the plan was to print 5,000 fewer copies so that the paper could remain sustainable.“Obviously, this outpouring has been amazing,” she said, “but we also want to go back to being this free weekly paper that pays for itself.” More

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      Journalists at New York Daily News Walk Off Job for a Day

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      Newsroom workers at The Daily News Union, which formed in 2021, are in negotiations for their first contract.Journalists at The New York Daily News walked off the job on Thursday for the first time in more than three decades.Newsroom workers at The Daily News Union, which formed in 2021, are in negotiations for their first contract. The union called a one-day work stoppage to protest staffing cuts, as well as a new policy that requires workers to get advance approval for overtime.The Daily News, founded in 1919, was once a formidable city tabloid that raced for scoops against its rival, The New York Post, and was one of the largest newspapers in the country by circulation. But in recent years, the paper has been hollowed out by ownership changes and staffing cuts as it struggled against ever-declining circulation and dwindling revenue.In 2021, its parent company, Tribune Publishing, was purchased by Alden Global Capital, an investment firm that has bought up hundreds of newspapers across the country, acquiring a reputation along the way for making deep cuts to newsrooms.About a third of union members have left The Daily News since spring 2022, with membership now at 54 people, according to the union.“In reality, we’re being crushed for cash,” Michael Gartland, a Daily News reporter and union steward, said in a statement. “As a result, staff is diminished, which means our ability to cover the city is diminished.”A spokeswoman for Alden Global Capital did not immediately respond to a request for comment.The last work stoppage at The Daily News was a five-month strike in 1990 and 1991.On Thursday, Daily News journalists plan to picket outside a co-working space that now serves at their temporary office. The Daily News permanently closed its newsroom in Lower Manhattan in 2020. More

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      Pitchfork, the Early Years

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      Subscribe to Popcast!Apple Podcasts | Spotify | Amazon MusicLast week, Condé Nast announced that Pitchfork, the taste-making music news and criticism website it had acquired in 2015 — which had entranced and sometimes infuriated fans for more than two decades — would be brought under the editorial umbrella of GQ. Many staffers were laid off.The announcement felt like a death knell for a certain kind of critical posture — progressive but not inaccessible, knowledgeable but also curious — that feels increasingly remote in the current media landscape. Some version of the site will continue, but online, the news was received with dismay and frustration.On this week’s Popcast, a conversation with two of the people responsible for building the site’s editorial and business operations about what it took to develop the company from a one-person organization to a cross-platform publication and festival business, and the challenges that led to its sale to Condé Nast.Guests:Ryan Schreiber, the founder of Pitchfork and its editor in chief for approximately two decadesChris Kaskie, Pitchfork’s first employee and first CEOConnect With Popcast. Become a part of the Popcast community: Join the show’s Facebook group and Discord channel. We want to hear from you! Tune in, and tell us what you think at popcast@nytimes.com. Follow our host, Jon Caramanica, on Twitter: @joncaramanica. More

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      Inside the Heritage Foundation’s Plans for ‘Institutionalizing Trumpism’

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      Since taking over the Heritage Foundation in 2021, Kevin D. Roberts has been making his mark on an institution that came to prominence during the Reagan years and has long been seen as an incubator of conservative policy and thought. Roberts, who was not well known outside policy circles when he took over, has pushed the think tank away from its hawkish roots by arguing against funding the war in Ukraine, a turnabout that prompted some of Heritage’s policy analysts to leave. Now he’s looking ahead, to the 2024 election and beyond. Roberts told me that he views Heritage’s role today as “institutionalizing Trumpism.” This includes leading Project 2025, a transition blueprint that outlines a plan to consolidate power in the executive branch, dismantle federal agencies and recruit and vet government employees to free the next Republican president from a system that Roberts views as stacked against conservative power. The lesson of Trump’s first year in office, Roberts told me, is that “the Trump administration, with the best of intentions, simply got a slow start. And Heritage and our allies in Project 2025 believe that must never be repeated.”You’ve taken the Heritage Foundation, once a bastion of the Reagan doctrine of peace through strength, in a different direction. Under you, Heritage has vocally opposed recent aid packages to Ukraine. It has criticized the Biden administration for what you’ve said is a lack of transparency when it comes to how the money is being spent and how you believe those packages are impacting the administration’s domestic priorities. Can you explain some of your thinking on that pivot?Yeah, sure. But perhaps it would be helpful to start with my perception of those examples you mentioned relative to the Reagan principle of peace through strength. We believe that the manner in which the Ukraine aid packages have been put together, the manner in which they’ve been debated or really not debated in Congress, the manner in which they’ve not been analyzed, the manner in which there’s no transparency, the fact that there’s no strategy actually is a violation of the principle of peace through strength. So while much ink has been spilled about Heritage no longer believing in peace through strength, that’s not true. But I don’t want to dismiss the part of your question about the shift in the conservative movement toward more skepticism, if not restraint, in foreign policy, and I think a lot of that is prudent. Because what the American people are saying, conservatives in particular, but not exclusively conservatives, is why are we prioritizing any other place internationally above the problems we have in the United States?I hear you that there are a lot of problems at home to be solved, and they’re costly problems. But we had Russia invade a sovereign country on the doorstep of a democratic Europe. Does it not seem to you squarely within the U.S. national interest to stop Russian aggression?We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber?  More

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      Shake-Up by a Desperate DeSantis Opens Wider Path for Haley in New Hampshire

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      Straining to recover after a bruising defeat in Iowa, Gov. Ron DeSantis of Florida and his allies moved on Wednesday to shake up his operation yet again, with his super PAC carrying out layoffs and the campaign signaling that it would largely bypass New Hampshire’s primary election next week in favor of competing in South Carolina.The change in strategy appeared to set up the one-on-one contest in New Hampshire that Nikki Haley has been hoping for against former President Donald J. Trump, who leads in polls but is more vulnerable in the moderate state than in socially conservative Iowa. At the same time, the shift could put new pressure on Ms. Haley in South Carolina, where she once served as governor.The maneuvering may not ultimately make much of a dent in a race in which Mr. Trump has dominated polling, won the Iowa caucuses on Monday by a staggering 30 percentage points and spent Wednesday in court for one of his many legal cases, where a judge threatened to kick him out for being unruly. But it changed the calculations for his remaining Republican rivals.As Mr. DeSantis’s team licked its wounds on Wednesday, his super PAC, Never Back Down, trimmed operations in several places, including Nevada. Other staff members were also laid off, including almost the entire online “war room” team, a person with knowledge of the matter said. Those who were cut had their email accounts immediately suspended. It was unclear how many people in all lost their jobs.Mr. DeSantis also began moving a majority of his campaign staff — a separate group — to South Carolina to prepare for its Feb. 24 primary, according to a senior campaign official, who insisted on anonymity. And rather than campaign exclusively in New Hampshire this week, the final stretch before the primary election on Jan. 23, Mr. DeSantis will stump in South Carolina over the weekend, hoping that his conservative message will better align with primary voters.His campaign on Wednesday framed the decision as a chance to deal a knockout blow to Ms. Haley.“When Nikki Haley fails to win her home state, she’ll be finished and this will be a two-person race,” Andrew Romeo, a campaign spokesman, said in a statement. “We’re wasting no time in taking the fight directly to Haley on her home turf.”But the move showed that Mr. DeSantis was all but giving up on competing in New Hampshire, where his poll numbers have been abysmal, trailing in the single digits far behind Mr. Trump and Ms. Haley.Mr. DeSantis’s schedule has been hectic. After campaigning in New Hampshire on Wednesday, he and his team have said he now plans to spend Thursday off the trail, hold more New Hampshire events on Friday and then travel to South Carolina for most of the weekend before returning to New Hampshire on Sunday.In Derry, he still tried to play up his New Hampshire bona fides.“We’re excited to be here,” he said after a well-practiced five-minute anecdote about his family’s relationship to the Boston Red Sox, who are revered in New Hampshire. He went on to suggest that Ms. Haley’s refusal to debate him in the state had played a part in his decision to back away.“You know, we had planned to be here tomorrow night,” he said. “They’ve always done a debate in New Hampshire a week before the primary. So I said I’m in. Of course, Trump hasn’t debated, so he’s not in, and Haley wouldn’t debate either.”Speaking to reporters afterward, Mr. DeSantis tried to downplay his decision to travel to South Carolina.Mr. DeSantis did not directly address his decision to retreat from New Hampshire during a speech on Wednesday in Hampton, N.H., or a later appearance in Derry. John Tully for The New York TimesIt remained uncertain whether he might squeeze in a last-minute New Hampshire stop early next week before the state’s primary on Tuesday, and Mr. Romeo declined to say whether Mr. DeSantis would be there on the day of the election. Neither the governor nor his super PAC has placed an advertisement in New Hampshire since Nov. 18, according to AdImpact, a media-tracking firm.Ms. Haley’s path in New Hampshire is now clearer. Even after she finished third in Iowa — close behind Mr. DeSantis — Ms. Haley declared that she had accomplished her goal of creating a one-on-one matchup with the former president.“When you look at how we’re doing in New Hampshire, in South Carolina and beyond, I can safely say tonight Iowa made this Republican primary a two-person race,” she said after votes were tallied on Monday.Olivia Perez-Cubas, a spokeswoman for Ms. Haley, responded to Mr. DeSantis’s move with a quip: “South Carolina is a great state. We hope they enjoy their vacation time here.”Since December, Ms. Haley and her allies have pointed to the possibility of a one-on-one race in New Hampshire as an opportunity for an outright victory there.Internal polling conducted last month in the state by Americans for Prosperity Action, a super PAC founded by the billionaire Koch family that is backing Ms. Haley’s campaign, found that in a full field of Republican candidates, she trailed Mr. Trump by 45 percent to 32 percent.But in a head-to-head matchup between Ms. Haley and Mr. Trump, without Mr. DeSantis, Vivek Ramaswamy or Chris Christie — both of whom have since left the race — the polling found Ms. Haley in a statistical tie with Mr. Trump, 48 percent to 45 percent.Still, Mr. DeSantis’s decision to spend less time in New Hampshire is not guaranteed to be good news for her. Supporters of Mr. DeSantis tend to be more conservative than Ms. Haley’s moderate-leaning coalition, so those who jump ship from the Florida governor might vote for Mr. Trump instead.CBS News earlier reported Mr. DeSantis’s shift toward South Carolina.Mr. DeSantis was denied his best chance at exposure in New Hampshire when Ms. Haley turned down two debates scheduled for Thursday and Sunday. Even the weather seemed to be against him there. A snowstorm and icy roads forced him to cancel two town halls in rural parts of the state on Tuesday night and Wednesday morning, while Ms. Haley and Mr. Trump were able to go through with their events.Mr. Trump was set to return to New Hampshire on Wednesday evening. He spent the morning in a Manhattan courthouse for his defamation trial, where the writer E. Jean Carroll testified that Mr. Trump had “shattered my reputation” by accusing her of lying about her claim that he raped her in a department store dressing room decades ago. Mr. Trump’s disclaiming comments, loud enough for jurors to hear, prompted the judge in the case to threaten to throw him out of the room.Even before it was clear that Mr. DeSantis was retreating from New Hampshire, his allies were trying to lower expectations.Jason Osborne, the majority leader of New Hampshire’s House of Representatives, who has endorsed Mr. DeSantis, said in an interview on Tuesday that the Florida governor had “nothing to lose” in New Hampshire.“The expectations are already set so low,” Mr. Osborne said. “Anything he does will be over expectations. There’s only upside here.”Never Back Down’s field operation in South Carolina is not nearly as extensive as the one it spent heavily to create in Iowa, where Mr. DeSantis staked many of his hopes and allowed the super PAC to take over many of the responsibilities of a traditional campaign.Nikki Haley at an event in Bretton Woods, N.H., on Tuesday. Ms. Haley’s path in New Hampshire is now clearer.Sophie Park for The New York TimesThe group has burned through cash, spending at least $30 million on its push to reach voters in person through door-knocking and canvassing in early-primary states, according to a person with knowledge of its efforts — a figure that does not include additional tens of millions in television advertising.Given that ambitious investment, Mr. DeSantis’s defeat on Monday to Mr. Trump in Iowa was all the more devastating, and raised urgent new questions about how long his operation could financially sustain a bid and attract new donors.One of those who was laid off at Never Back Down, George Andrews, who had been assigned as a caucus precinct operations director in Iowa but also listed himself on LinkedIn as a state director in California, posted on the career website that he had been let go.“As of 6 am this morning, I learned I am now a free agent due to budget cuts beyond my control,” Mr. Andrews wrote in a post on LinkedIn.“I completely understand why this had to happen, harbor no ill will, and wish my former team great success as they attempt to bring back sanity to our party,” he wrote. “What they are trying to accomplish for America is much greater than my termination as an individual employee.”An official with the group appeared to confirm the layoffs, saying that those affected were being paid through the end of January. The official, who did not speak on the record, added that the group was “evaluating and paring down” other consultants, vendors and some staff members who had been focused on various aspects of the group’s work.Scott Wagner, the chief executive of Never Back Down, issued a statement saying that the group continued to host events for Mr. DeSantis, but he did not address the question of layoffs.“Never Back Down continues to host a slew of events on the ground for Gov. DeSantis,” Mr. Wagner said. “We’ve mobilized several members of our robust Iowa team over to the other early primary states to help in these efforts.”Paul Mondello, 81, of Londonderry, who was at an event for Mr. DeSantis in Derry on Wednesday, said it was “kind of offensive to some degree” that the governor was not focusing on New Hampshire, but it would not shake his resolve to vote for him.“For him to leave, it is a little bit of a punch,” Mr. Mondello said. “I don’t think you should give up.”Nick Corasaniti More