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Philadelphia, Atlanta and Minneapolis were particularly hard hit: businesses in those cities reported layoffs and hiring freezes.
The sector is also not without its problems, with local media around the UK having reported layoffs and union disputes.
Also, the online editions of the trade publications Advertising Age and Adweek reported layoffs at Cliff Freeman & Partners in New York and at the offices of the MindShare media agency, owned by WPP.
Diamond Comics, DC Comics, and Top Cow have all reported layoffs as a result of decreased comic-book sales; Diamond Comics has asked its remaining employees to accept pay cuts.
The rumors of cuts are clearly making the rounds: Trade magazine CRN yesterday reported layoffs of up to 14,000, and by our 15percentt number the figure might be more like 10,000.
The move comes a month after Paidcontent reported layoffs in Veoh's Russian office in St . Petersburg which CEO Steve Mitgang says was a strategic decision rather than a financial one, as Veoh wanted to move its development staff to San Diego (where it has hired a replacement team).
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Although companies are required to report layoffs of full-time workers, they can take the size of their contract worker pool up and down with impunity.
The news of the layoffs was confirmed to us directly by Sirin after Israeli paper Calcalist reported the layoffs (accurately) and that the Solarin was getting discontinued (not so accurate, says Sirin).
The news of the layoffs was confirmed to us directly by Sirin after Israeli paper Calcalist reported the layoffs (accurately) and that the Solarin was getting discontinued (not so accurate, says Sirin).
Hearst employees have reported recent layoffs at other magazines, including Esquire and Good Housekeeping, which the company does not dispute, but it declines to offer any details and says that other publishers have cut more.
The official also said a number of states had reported increasing layoffs in the auto industry, which has been hit hard by consumers cutting back on their spending in the face of rising unemployment and scarcer credit.
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