CQ Roll Call is announcing a number of largely business side layoffs this morning. Sources tell us the cuts are due to declining print revenues and senior management being drastically under projected revenue. The changes are coming as brass feels forced to make certain pivots and focus their energies on business and other areas of growth for the company, including advocacy, engagement and digital.
We received word late yesterday that three conference rooms (one that can be split in half by a dividing wall and one other large room) had been booked for this morning’s proceedings.
One tip we received read, “Fire Sale at CQ Roll Call.”