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On Wednesday, organizers of the Dotdash Meredith Union took a step to show they're ready to escalate their efforts. Dotdash Meredith sources requested anonymity to speak freely about the status of negotiations and the union's thinking, citing sensitivity over the ongoing talks. Dotdash Meredith spokespersons did not respond to requests for comment. "We've spoken to management across the table and we've appealed to their common sense," a second union source said, adding, "People should see this as us saying, 'We've tried to bargain. The union sources said workers are seeking a provision to prevent the use of AI in generating journalistic content, but the publisher had so far refused to agree to such a clause.
Persons: Dotdash Meredith —, Meredith Union, We're, that's, Dotdash Meredith, , Meredith, Leah Wyar Romito, Martha Stewart, we've, We've, That's, Wyar, Leah Wyar, we're, Leah, Romito, Neil Vogel, Dotdash, Vogel Organizations: Entertainment, company's Entertainment, Zoom, People, TV, National Labor Relations Board, Dotdash Meredith Union, NLRB, New York Times Locations: Manhattan, Wyar, New York
The resignations, in exchange for severance packages, were offered the same day Dotdash Meredith laid off 7% of staff. In January, Dotdash Meredith cut 7% of its headcount during a difficult squeeze for the media industry, as ad spending has tumbled amid an uncertain economy. Dan Wakeford, a 7-year veteran of the publication who had served as editor-in-chief since 2019, departed last year after the formation of Dotdash Meredith under IAC. Severance pay will be paid in installments on the regular biweekly payroll schedule. KandisDo you work at People magazine or Dotdash Meredith and have insight to share?
It’s the latest example in a brutal wave of layoffs that have consumed the media and technology industries. In making the job cuts at Dotdash Meredith, which will impact 274 employees, CEO Neil Vogel cited the poor economic terrain the company is trying to navigate. In recent months, the media and technology sectors have taken a battering as advertisers tighten spending amid economic uncertainty. CNN, NBC News, MSNBC, Vox Media, The Washington Post, BuzzFeed, Gannett and other news organizations have cut their workforces in recent months. Google said it had made the decision to eliminate 6% of its workforce, which translates to approximately 12,000 jobs.
CEO Neil Vogel said an ad market slowdown and culture challenges have been hard. IAC-owned Dotdash Meredith is about a year into its $2.7 billion acquisition of magazine giant Meredith, and a rough ad market has made the transition to become a big player for advertisers tough. "The market is hard," said Neil Vogel, CEO of Dotdash Meredith. Dotdash Meredith owns more than 40 brands including People, The Spruce, and Food & Wine. At the same time, the ad market soured last year as advertisers reigned in spending.
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