150 Jobs Cut At Reader's Digest Association; 75 Of Them US-Based

All the employees will leave by the end of the year, Folio: reports.

The cuts are intended to help the company focus on its “master brands,” a spokesperson told Folio:. Those include Reader’s Digest, Taste of Home and The Family Handyman, which “have the greatest potential to grow across multiple platforms and through new revenue streams, such as partnerships and licensing in markets around the world.”