Vvgw Dow and S amp;P close at a 31-month high Thursday 24 January 2019 3:49 pm|Updated:Monday 03 June 2019 3:01 amBuzzfeed and Verizon plan to slash hundreds of jobs in grim day for digital mediaBy: James WarringtonShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleOnline publishers Buzzfeed and Ver [url=https://www.brumates.us]brumate cup[/url] izon Media have announced plans to cut hundreds of staff members as digital media faces a squeeze on advertising revenues.Buzzfeed said it plans to reduce its global headcount by 15 per cent, believed to amount to roughly 200 members of staff, as it looks to cut costs.Read more:Murdoch eyes up mega-merger between The Times and The Sunday TimesSeparately, Yahoo and Huffington Post owner Verizon Media plans to cut seven per cent of its [url=https://www.polenes.com.de]polene bag[/url] media staff, or roughly 800 jobs.In an email to staff members, Buzzfeed chief executive Jonah Peretti said revenue was growing in double digits, but warned revenue grow [url=https://www.stanley-usa.us]stanley mug[/url] th alone was not enough to keep the business going. The restructuring we are undertaking will reduce our costs and improve our operating model so we can thrive and control our own destiny, without ever needing to raise funding again, Peretti wrote.While Buzzfeed has mainly operated on funding and advertising, Peretti said the business is now looking to find new sources of revenue.The cuts are the latest in a string of layoffs at the online publisher, which has also seen a number of walkouts in the last weeks.Last week Jan Sldf Close Brothers shares muted despite revealing strong first five months Friday 25 October 2013 4:18 amGerman business conditions less rosy in October as they miss expectationsBy: Harriet GreenShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on Emai [url=https://www.stanley-cup.at]stanley cup[/url] lAdd as a preferredsource on GoogleGerman IFO numbers have painted a slightly depressed picture for business conditions with IFO business climate for October at 107.4 ndash; the first monthly fall since April, and missing expectations of 108.0 anddown marginally on September s 107.7.Current assessment came in at 111.3 ndash; down from 111.4 and versus expectations of an increase to 111.6. Expectations were at 103.6 after expectations of 104.5 and last month [url=https://www.stanley-cups.pl]stanley cup[/url] s figure of 104.2.Ben May, European Economist and Capital Economics, says:The fall in the German Ifo business sentiment in October provides another timely reminder that the euro-zone recovery remains fragile. Encouragingly, on past form, the BCI still points to annual GDP growth of around 2%, compared to Q2rsquo 0.5% gain, suggesting that further strong quarterly gains in GDP are on the cards in the second half of this year. But note that the index has recently over predicted actual GDP growth and other surveys like the PMI, which also fell in October, paint a less upbeat picture. In all, while we expect the German recovery to continue, we see GDP growth picking up from about 0.5% this year to just 1.5% or [url=https://www.owala-water-bottle.ca]owala[/url] so in 2014.Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged conten
Регистрация
Вход
