The Financial Times is hoping that at least 35 staff members will accept buyouts as it attempts to prepare for a digital-first future. That future includes hiring 10 new digital employees and being choosier about stories, editor Lionel Barber wrote Monday in an email to employees.
In a move that echoes Amazon’s purchase of Zappos back in 2009, Russian web store Ozon is buying online shoe seller Sapato.ru — a deal that Ozon CEO Maelle Gavet says will turn it into a “powerhouse online retailer”.
Nobody was surprised when Gowalla announced that it would be shutting down after selling to Facebook — after all, almost none of the services it has bought in the past five years have stayed alive. But is this sell up-shut down approach fair on users?