New York Times executive editor Bill Keller has updated his staff on the cuts he's making to the newsroom budget. There had already been word that the City and Escapes sections — both largely produced by freelancers — were being scrapped. But today's memo makes it clear that the paper is looking to trim its freelance budgets everywhere, including ending the weekly fashion spread in the New York Times Magazine.

This memo just went out to Hachette employees, notifying them of company-wide pay cuts and an increase in hours.

These memos went out to Newspaper Guild members this afternoon. They want members to take a survey on the NYT's proposed pay cuts—but they left out the survey. As one tipster says, "Not confidence inspiring."

Recent student takeovers at the New School and NYU were allowed to drag on for days with negotiations and demands; but today's New School takeover has already been crushed by cops! And there's no amnesty:

This memo just went out to New York Times employees from assistant managing editor Rick Berke—free lunch, if you can think of a way to save the paper some cash!

Last month it was widely reported that free-spending, once-cool designer Marc Ecko's empire was on the verge of bankruptcy. Today, we scored an internal memo from Ecko (kind of) reassuring his employees. And another rumor!

The fighting following the merger of Forbes and Forbes.com continues. The latest casualty is print veteran Stewart Pinkerton, who's "retiring," but a tipster says he was "pushed out in a coup after knocking heads with Carl Lavin, his power-mad counterpart from Forbes.com."

Alan Henney is an assignment desk editor at Gannett-owned WUSA-TV in Washington. He quit this week—mad as hell, the whole bit. In his farewell email, he blamed too much blogging, not enough news-ing:

This staff memo went out at the New York Times today—TV beat reporter Jacques Steinberg will join the National Desk and write a blog on college admissions.

For your perusal. The salary cut memo:

Last year Pepsi spent several hundred million dollars on a new logo. Everyone figured they had just ripped off the Obama logo. But now an internal document from the branding company has surfaced: Breathtaking bullshit.

Today is a major layoff day at publishing house HarperCollins. Below, two internal memos [Updated: three], and the rumors we've heard so far:

Today is important, because it is the day we get to show what may be, without exaggeration, the single most stupid internal memo ever sent to a newspaper staff. It concerns "productivity."

Simple patriotic pornographic clothing firm American Apparel is beset by trouble! Now the SEC is investigating the company. Because of fishy leaked emails. Which we have for you, below!

Happy Holidays from Viacom, the home of hundreds of holiday layoffs! Employees, please observe these piddling, needless rules as you slave away in our caverns on Christmas. MEMO AHEAD:

A source has given us the names of some of the high-profile employees who are (alleged) victims of today's layoffs at NPR. If true, it's apparent that NPR definitely wasn't sparing anyone just because they had longevity. The names—including two former hosts of All Things Considered—and the company's internal memo to employees, below [UPDATED below]:

The long-feared Viacom pre-post holiday layoffs are here, and they're not pretty. We heard earlier that as many as 300 layoffs might be coming at MTV today, but the total, Viacom-wide numbers are even worse: 850 people are being cut, about 7% of the company's global staff. And top management is "suspending salary increases" next year, if it makes you peons feel any better. The full internal memo that went out this morning is after the jump; if you know more about the specific breakdown of the layoffs, email us. UPDATES: additional memos from MTV and Paramount added below:

Last week the New York Times Co. slashed its dividend and announced poor earnings and saw its stock plunge to lows not seen in decades. Times journalists must be afraid for their financial futures. Well the company has a suggestion: how about buying some New York Times Co. stock? Cheap! The company just sent out an unfortunately-timed internal memo offering employees the chance to buy stock at a discount. Don't forget that you should consider "your future financial objectives" first. Do you want to lose money in the future? Buy now! Read the whole hot stock offer below:

High profile press fight! People magazine editor Larry Hackett just sent out an internal memo blasting the page one New York Times story today about People's alleged shady dealings with Angelina Jolie. Specifically, the Times cited two anonymous sources "with knowledge of the bidding" for the photos of Jolie and Brad Pitt's most recent newborns—which cost People $14 million—who said that there was an formal agreement that "obliged" the magazine to offer only positive coverage. Of course, as Hackett acknowledges, their coverage was positive; but he strongly asserts that the magazine would never "purposely slant coverage as condition for acquiring pictures." And indeed, the Times may have oversold that angle in their story. There's certainly a difference between what Jolie asks for, and what a magazine would explicitly "promise" to do. Read his full memo below:

Wall Street Journal editor Robert Thomson is continuing to reshape the post-Murdoch version of the paper in his own image. In the wake of an early October reshuffling of editors, Thomson sent another top editor to lead the London bureau a few weeks ago, in a clear push to try to expand the paper's international prestige. And today Thomson told the staff that Gerard Baker is the new Deputy Editor-In-Chief of the WSJ and Dow Jones—and, like Thomson himself, Baker is veteran of the Times of London and the FT. Taste the international flavor. The full memo introducing Baker to the staff is below: