Print 10 comment(s) - last by ImSpartacus.. on Mar 29 at 8:11 PM

CNET to cut its workforce by 10% according to inside sources

Earlier this month, DailyTech reported that multimedia conglomerate Ziff Davis Media was in some serious financial trouble. The company has approximately with $500M in liabilities with only $313M in assets. As a result the company filed for Chapter 11 bankruptcy protection.

CNET bought much of Ziff Davis' property over the last few years, including the tech portal  However, CNET seemed to have broken the ZD curse, reporting double digit growth and net profits since 2006.

Earlier today, CNET Networks announced internally it will lay off approximately 10% of its North American work force, or approximately 120 employees.

CNET CEO Neil Ashe sent an email out to all of its employees detailing the plan to slim up central organization, and to focus editorial staff to individuals on content creation. 

Specifically, Ashe mentions that will transition into a more community-driven portal. " will put more emphasis on areas of most interest to their audience including entertainment features, breaking news, trivia competition, and polls, rather than original video programming," he writes.

Cuts are expected to take place across all of CNET's operations including, Gamespot,,,  and CNET's blog networks. Employees affected received notifications today and an official announcement is said to be on the way in the coming days.

Comments     Threshold

This article is over a month old, voting and posting comments is disabled

By HighWing on 3/27/2008 8:11:46 PM , Rating: 2
Indians do have a very command over English & have the editorial skills & abilities.

While I would question that heavily, I really can't say too much as far as their written English goes. So I would have to agree with you that maybe they do have a good command for written English. However, I doubt that would apply to all or most(51%+) Indians that would work for the amount any company would want to pay to make it profitable. Which I'm willing to bet is why companies haven't done it already. *laughs* Seriously I'm willing to bet if they hired the same people they hire for tech support they would be missing words here and there and using the wrong words all over the place that editorial costs would be huge

"Folks that want porn can buy an Android phone." -- Steve Jobs
Related Articles
Ziff Davis Media Files Chapter 11
March 7, 2008, 11:15 AM

Copyright 2016 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki