PRNewswire is reorganizing some departments and cutting staff, although its not clear whether its headcount will drop or if the cuts will be balanced with hires in other areas.
Category: PR Newswire
PR Stat of the Week
Peter Shankman’s HARO has roughly 40,000 subscribers, while PRNewswire’s ProfNet (which requires a paid subscription) has 14,000.
PRNewswire Cuts 25 Positions
It’s not just PR agencies that are suffering from reduced client budgets. PRNewswire has eliminated 25 positions “due to the loss of market share” and its president will step down in the first half of 2009.
PR Week Media Survey Released
PR Week (with PR Newswire) has issued its first annual Media Survey, which arrives at the stunning conclusion that “the constantly evolving media landscape has created both challenges and opportunities for today’s journalists.”
PR Newswire Fires Staffer for Offensive Slugline
A PR Newswire staff member was fired for using “loony bin rally” as the slugline on a press release announcing a Mental Health Association rally. Gawker offers some perspective.
