Weeks after CNET drew media attention for quietly publishing stories generated by artificial intelligence, the outlet announced layoffs of several longtime employees yesterday, representing about 10 percent of the public masthead. The move was reportedly made by Red Ventures, the private equity-backed media firm that acquired the tech news outlet three years ago. CNET editor-in-chief Connie Guglielmo will step down and transition to SVP of AI content strategy. The new editor-in-chief will be Adam Auriemma, who previously held the same position at NextAdvisor, also owned by Red Ventures. Continue reading Layoffs Are Under Way at CNET, Editor-in-Chief Steps Down

AOL is planning to release 5 percent of its staff today, affecting about 500 employees. “CEO Tim Armstrong said that most of the cuts will come in its corporate units, while resources will be shifted more at mobile, video and data offerings going forward,” reports Recode. AOL, which was purchased last year by Verizon, recently added 1,500 employees from its ad deal with Microsoft and acquisition of Millennial Media. AOL’s current structure features its media unit (with properties such as Huffington Post and TechCrunch) and its platforms groups, which includes its advertising tech. “Armstrong said the layoffs are not related to current discussions AOL execs are having with Yahoo counterparts about integration between the two companies,” notes Recode. Continue reading AOL Layoffs Reflect New Emphasis on Mobile, Video and Data

Yahoo’s chief executive Marissa Mayer is on a path to revive Yahoo by spinning off core assets, possibly ending the company’s existence as an independent entity. One thing is certain: the company is going to get smaller. On Tuesday, Yahoo said it would lay off 15 percent of its 11,000-person staff, ultimately making the workforce 42 percent smaller than it was in 2012, when Mayer took over the reins as chief executive. Although she counsels shareholders to be patient, activist investors may try to elect a new board. Continue reading Yahoo CEO Spinning Off Core Assets to Save Ailing Company