Just in time for the holidays, Martha Stewart is firing about 100 staffers. The New York Post reports that a majority of the cuts will come from Martha Stewart Living.
The downsizing will impact about 25 percent of Martha Stewart Living Omnimedia’s workforce. It’s the first major move by the company’s relatively new CEO, Daniel Dienst. So if you work there, and were planning on getting him or Stewart a present, perhaps a better idea would be donating money in their names to The Human Fund.
The pink slips are expected to be handed out today. Good luck everyone.