Meredith Announces 80 Pink Slips
Despite several expansions and acquisitions, it seems Meredith Corporation is preparing for a downturn.
As reported by The New York Post, yesterday Meredith announced cutbacks of 80 people. A spokesperson confirmed that specific number to the newspaper after rumors swirled the pink slips were going to exceed 100.
The company issued a statement: “We must dedicate resources to meet the demands of the evolving business landscape, and operate as efficiently as possible. As part of the process, today we are announcing selected work-force reductions of 80 employees companywide.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in