The Revolving Door

After cutting 90 people from its news department this week, shuttering four bureaus, the Associated Press today announced that it had expanded the roles of six news editors and appointed four interim regional photo editors "as part of a restructuring of U.S. news management."

The news editors who are taking on more regions include West Virginia news editor Brian Farkas, who is adding oversight of Virginia; Amanda Kell, the current news editor for Maryland and Delaware who is now taking on the Mid-Atlantic bureau in Washington, D.C. as well; Arkansas news editor Kelly Kissel, who is adding oversight of Oklahoma; Nebraska news editor Kevin O'Hanlon, who is becoming Great Plains news editor with oversight of North and South Dakota; Massachusetts and Rhode Island news editor Karen Testa, who is becoming New England news editor with added oversight of Connecticut, New Hampshire, Vermont and Maine; and Tennessee news editor Teresa Wasson, who is now adding oversight of Kentucky as well.

Meanwhile, the photo editors and their assignments are Stephanie Mullen in the West, Kii Sato for the Central region, Jackie Larma in the East and Mike Stewart in the South.

What's more, the AP said it has posted jobs for openings around the country. So, after meeting its goal of cutting 10 percent from its payroll this year -- through buyouts, layoffs and attrition -- it looks like the AP needs to staff up in order to fill holes left in its organization post-restructuring. Will axed AP staffers be reapplying for open spots?

AP changes roles for 6 news editors, 4 photo eds --AP

Earlier: With 90 Laid Off, AP Finally Hits Payroll Cut Goal

Despite recent layoffs, Forbes Media is still moving forward.

ForbesLife, the bimonthly Forbes' spin-off focused on culture and lifestyle, has put Lorraine Cademartori at the helm of the publication in the role of executive editor. She has spent the previous 11 years as managing editor at the luxury magazine and worked as managing editor at Spy before that.

Who said luxury magazines were dead?

Full press release after the jump.

Previously: Forbes Layoffs Decimate Staff

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To say it's been a rough week for BusinessWeek would be an understatement. Yesterday, the axe fell hard, and new parent Bloomberg LP has cut around 130 people for the business mag's staff -- including 60 to 70 from the edit side.

Among those getting pink slips were big names like media columnist Jon Fine, community manager Shirley Brady and tech writers Steve Wildstrom and Stephen Baker.

Business journalism blog Talking Biz News has kept a running tally of outgoing BusinessWeekers since yesterday, and today has an updated list. Blogger Chris Roush says senior writer Pete Engardio, Atlanta bureau chief Dean Foust, Philadelphia bureau chief Amy Barrett, management department editor Jena McGregor, associate editor Hardy Green, senior editor James Cooper, senior photo editor Kathy Moore and Prudence Crowther, head of the copy desk, will not be making the transition to Bloomberg's BusinessWeek.

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One year since its launch, online news hub The Daily Beast has named a president, Stephen Colvin. Colvin, executive vice president of CNET/CBS Interactive, will report directly to the site's founder and editor-in-chief, Tina Brown.

Colvin was formerly the president and CEO of Maxim publisher Dennis Publishing, and helped oversee the company's $225 million sale to the Quadrangle Group before joining CNET. At The Daily Beast, Colvin is charged with "revenue generation, audience development, brand development and social media," the company said. He'll also oversee the Beast Books imprint and develop new revenue streams, like events.

Full release after the jump

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We've been following the brutal layoffs at the Associated Press all week, and the news organization has remained mum throughout. Until now.

Last year, CEO Tom Curley told staff that the company needed to cut 10 percent of its payroll costs, and voluntary buyouts, a hiring freeze and layoffs this year have moved the company toward this goal. Today, the AP said in a statement that the 90 people let go across the organization this week have brought them to that point. Said the AP:

"The 90 news department staffers being notified this week, along with earlier reductions in other departments, a voluntary retirement program last summer, a continuing hiring freeze and attrition, bring The Associated Press to its goal of a 10 percent reduction in the news cooperative's global payroll costs in 2009, as outlined by President and CEO Tom Curley last November."

Hopefully this means the bloodshed is over at the AP for now.

Earlier: AP Layoff Update: Four Bureaus Closed, Says Union

Today, the News Media Guild, which represents 1,300 Associated Press employees, provided an update on this week's layoffs.

According to the union, 14 more people lost their jobs yesterday, bringing the grand total of unionized AP staffers laid off during this week to 71. Four bureaus are also being closed due to the cuts. Reports the guild:

"The terminations Wednesday involved nine newspersons, three editorial assistants, one photographer, and one office assistant. The notice appears to state that correspondencies in Dayton, Ohio; Roanoke, Va.; Grand Rapids, Mich.; and Jacksonville, Fla., are being closed.In addition, the Guild is aware of layoffs among U.S. managers and overseas staff."

And, it might not be over. More layoffs could come today:

"Guild members, citing managers, have reported that more people may lose their jobs Thursday. The AP has not informed the union about future staff reductions, despite Guild requests for information. AP has not provided any assurance to the union that the company is 'finished' with this current round of staff reductions."

Again, if you know any other news, send us an email or leave a note in the anonymous tip box on the right.

Black Tuesday At AP -- News Media Guild

Earlier: More Info Emerges About AP Layoffs

Today, we have been following the tweets of departing BusinessWeek writers and editors as they get word from the bosses at Bloomberg LP about layoffs.

Although we knew no one was safe, we were shocked to learn that media columnist Jon Fine, who has been enjoying a six-month sabbatical since September, would not be returning to the magazine after it gets taken over by its new parent. So what will become of respected media reporter Fine and his column Fine on Media?

The sad irony of the situation is that the magazine's own media columnist missed the opportunity to cover the sale of BusinessWeek, a deal that ultimately ended up eliminating his job. But we have a feeling that when Fine returns from his travels abroad, he won't have trouble finding some place to write about the media and the new Bloomberg-owned BusinessWeek.

Update: We asked Fine if he had any regrets about taking his sabbatical when he did. "I have absolutely no regrets," he told us, while enjoying a burger at Peter Luger. "We had a chance to do it, to go around the world and talk to media people on the ground. And that's going to serve us well no matter what."

Fine and wife Laurel Touby wrapped up the first leg of their worldwide tour earlier this month, and they're planning to depart to places unknown in early December.

Follow all the BusinessWeek layoffs tweets here.

Earlier: Jon Fine Says Goodbye

FishbowlNY sister site MediaJobsDaily made mention of Danko Steiner's exit as design director from Vogue this morning.

Steiner had been working at the Condé Nast publication for four years, but his decision to leave must have been known for quite some time. How else would you explain the quick turnaround that's being reported, with creative director of ad agency AR New York, Raúl Martinez, already being tapped for Steiner's position?

Of course, this will not be Martinez's first stint at the fashion bible. He left Anna Wintour's side in 1996 to work for AR. His homecoming is nothing short of getting the gang back together, Don Draper-style. As Martinez told Women's Wear Daily:

"I will still have the agency and undoubtedly, the two can coexist. I can't begin to explain how excited I am to be joining forces with Anna once again."

Memo Pad: Steiner Exits Vogue... --WWD

At Vogue, Danko Steiner Resigns, Raul Martinez Filling The Spot --MediaJobsDaily

Previously: Danko Steiner Named Vogue Design Director --UnBeige

News of this week's layoffs at BusinessWeek is starting to trickle on to Twitter.

Looks like technology editor Steve Wildstrom and innovation and design writer Damian Joseph are among laid off by new owner Bloomberg LP. Good luck guys!

We'll keep updating with Twitter news, but if you know of anyone else who got dumped by BusinessWeek (as Joseph says), drop us a line

Update: More tweets after the jump

Earlier: Bloomberg Looks To Cut BusinessWeek Staffers

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It looks like last week's layoffs were only the tip of ice berg for AOL. As predicted, the company said today that it was looking to trim its workforce by one-third as it prepares to spin off from its parent company, Time Warner, next month.

Reports say AOL is looking for up to 2,500 volunteers through a voluntary buyout program that will run from December 4 until December 11. If more cuts are needed after the buyout offer period ends, then there will be layoffs as AOL seeks to trim $300 million from its annual operating expenses.

As a consolation, CEO Tim Armstrong is giving up his 2009 bonus. It's an expensive promise, since his bonus is expected to be within the $1.5 million to $4 million range. A nice gesture, but still of little comfort to thousands of employees whose jobs are on the line.

Update: Kara Swisher of All Things Digital reports that those AOL employees offered a voluntary buyout package are facing a difficult decision: AOL is offering "those who 'volunteer' to leave the company now a departure package that ranges from three to nine months of pay, compared to one to four months for employees laid off in the first quarter of next year."

AOL To Reduce Work Force By One-Third --Wall Street Journal

Earlier: 200 Expected To Be Let Go from AOL Today