Martha Stewart Living Omnimedia to Cut 70 Staffers, Reduce Magazines

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By Chris O'Shea Comment

Martha Stewart Living Omnimedia is cutting about 70 staffers and reducing its magazine publishing. According to The New York Times, the company just started notifying employees this afternoon, which will make an already hellish week even worse for them.

Additionally, Everyday Food will no longer be a stand-alone publication. It will only be published five times a year, and sent as a supplement to Martha Stewart Living subscribers. MSLO is also selling Whole Living. While the company says it is already in talks with someone to buy the title, MSLO will fold the title and its content into Marta Stewart Living if no deal is made by the end of the year. Lisa Gersh, MSLO’s president, tried to put a positive spin on it by telling the Times, “We’re taking it really from four separate magazines down to two.”

In related news, Gael Towey, who has been at MSLO for 21 years, is leaving the company. According to a spokesperson, Towey is leaving to start a new project.

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