‘Very difficult day’: NewsBeast layoffs begin

Newsweek/Daily Beast editor-in-chief Tina Brown tells her staff that “today we will be letting staff on the editorial side know where we will be eliminating positions.” She adds that “this is a very difficult day, and one that we approach with enormous regret.” (New York Observer has her memo.)

Meanwhile, The Daily Beast’s Michael Moynihan writes about the death of Rupert Murdoch’s The Daily. He’s told by a former senior staffer that the iPad publication’s demise week was unexpected. “The rumbling from within the company is that we would make it to June 2013, the end of the fiscal year,” the ex-staffer said.

* Daily Beast cuts newsroom jobs as Newsweek goes online (bloomberg.com)
* As NewsBeast layoffs begin, some employees are quitting on their own (capitalnewyork.com)
* Why did The Daily die? A view from the inside (thedailybeast.com)