Sadly that’s all the data we have for you right now, but sources across the web are reporting various numbers for how many employees have been laid off at the home entertaining media giant.
A source close to the situation told our sister blog FishbowlNY that “far south” of 40 employees were let go last Friday.
Here’s one comment from a downsized consumer marketer:
After 4 amazing years at Martha Stewart Living Omnimedia the company is continue to downsize. I had been lucky enough to keep making the cut until now. Officially Monday morning I will be reporting to myself! Yup that’s right Events Beyond is off and running!! I will be continuing to do light business consulting for those we are in need of spicing up their marketing, pr or social media channels. I will also continue to consult for those who are starting a business. Feel free to email me at [redacted] for freelance jobs, business consulting and most importantly to plan your wedding or next event.
Update 10/26: Managing editor Marc Bailes has also been cut, according to his LinkedIn page.
Meanwhile, the company has 33 open positions, though FBNY says the layoffs targeted “top tier” publishing personnel and these openings are all across the board.
MSO announces its third-quarter results in one week.