Layoffs Hit Newly Acquired Multichannel News
Two weeks after NewBay Media CEO Steve Palm told us he was looking to hire, not fire, staffers from his newly acquired magazines, we have heard of layoffs at Multichannel News.
A tipster tells FishbowlNY that at least two people were let go yesterday from the cable industry trade publication: executive editor George Vernadakis and design director Maria Hernandez. And where there are layoffs at one pub, there are likely to be at the other titles acquired by NewBay, Broadcasting & Cable and TWICE.
If
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