paper cuts: 2008 total: 14,447+ jobs (Layoffs and buyouts at U.S. newspapers)
[act.: Media Companies Cull 30,000 in Fight for Their Future: The media industries have shed more than 30,000 jobs in 2008, according to an Ad Age analysis of Department of Labor employment statistics and news reports. That's about 3.5% of the total media work force of 858,000. Since the bubble-inflated high-water mark in 2000, media has lost more than 200,000 jobs.
The latest round of restructuring is driven by two concurrent forces: On the one hand, there's a crippling recession that is crushing marketing budgets; on the other hand, there is the ongoing effect of the fragmentation of audiences.]
Tech layoffs: The scorecard: With the overall economy slumping, the tech industry is taking its fair share of hits. We'll keep updating the chart below as news of company changes comes in. See our complete coverage of how the tech sector is faring here: Tracking the tech downturn.
