Meredith Cuts 45 Jobs, Repositions Special Interest Division
Meredith Corp., which seemed to have such a successful year in 2009, announced today that it is planning to “reposition” its Special Interest Media business, resulting in the loss of about 45 jobs.
Meredith has over 90 special interest magazines covering remodeling, decorating, food and entertaining and gardening, including titles such as Diabetic Living and Kitchen and Bath Ideas. But Meredith’s president Stephen Lacy said today that the effects of the recession have led the company to reposition the division to focus on “certain home and food verticals, in particular those aligned with the Better Homes and Gardens brand.”
Although
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