Dotdash Meredith is eliminating the print editions of six of the former Meredith Corp.’s most iconic magazines, including InStyle, Entertainment Weekly, Eating Well and People en Espanol, according to a report yesterday first published by the Wall Street Journal. The Journal said it obtained an internal memo from Dotdash CEO Neil Vogel in which Vogel told employees that the move would eliminate about 200 jobs, which represent less than 5% of Dotdash Meredith’s total staff. The other magazines being shut down are Health and Parents. “We have said from the beginning, buying Meredith was about buying brands, not magazines or websites,” Vogel said in the memo. “It is not news to anyone that there has been a pronounced shift in readership and advertising from print to digital, and as a result, for a few important brands, print is no longer serving the brand’s core purpose.”
The United States Postal Service reported performance metrics for the 2022 holiday season as well as new delivery performance metrics for the first week of the second quarter for fiscal year 2023.
Between Nov. 26 and Dec. 30, the Postal Service accepted 11.7 billion mailpieces and packages into the network with an average delivery time of just 2.5 days.*
Preparations for the 2022 peak holiday season began two years ago as a part of the Postal Service’s 10-year Delivering for America Plan. These strategic investments and operational improvements included the installation of 249 new package sorting machines across its network since March 2021. These new machines expanded daily package processing capacity to 60 million. Additionally, USPS stabilized its permanent workforce by converting more than 100,000 workers to full time roles since the beginning of 2021(with more than 41,000 part time workers converted to full time since January 2022), and successfully hiring an additional 20,000 seasonal employees.
The Postal Service also released FY23 second quarter service performance scores covering Jan. 1 through Jan. 6. Data for the reporting period shows the average time to deliver a mailpiece or package across the postal network was just 2.6 days. Quarterly data included:
*First-Class Mail: 89.4% of First-Class Mail delivered on time against the USPS service standard, a decrease of 1.6 percentage points from the fiscal first quarter.
*Marketing Mail: 93.6% of Marketing Mail delivered on time against the USPS service standard, consistent with performance from the fiscal first quarter.
*Periodicals: 84.5% of Periodicals delivered on time against the USPS service standard, consistent with performance from the fiscal first quarter.
USPS delivery was impacted in some local markets due to industry-wide transportation disruptions caused by winter storms across the Midwest and the East Coast in late December. The Postal Service continues to restore service in these markets as quickly and as safely as possible.
more at: https://about.usps.com/newsroom/national-releases/2023/0112-usps-reported-performance-metrics-for-the-2022-holiday-season.htm