Newsweek Layoffs Coming Friday
Newsweek staffers have waited for it to come for months now, and Friday will be the day when they find out their fate. As reported by the Wrap, Newsweek employees will receive a letter on Friday to tell them whether or not the company wants them to stay around once Sidney Harman’s purchase of Newsweek becomes official.
But a lot fewer cuts than expected will take place, as the magazine will keep 75 percent of the staff.
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