Meredith Corp. Cuts 80 Staffers

Meredith Corporation has cut a whopping 80 staffers in a move to address disappointing ad sales during the first quarter of 2012. The New York Post reports that every publication was impacted, including such popular titles as Better Homes and GardensFamily Circle, Ladies’ Home Journal, Parents and Everyday with Rachael Ray.

Per a statement obtained by the Post, Meredith’s CEO, Stephen Lacy, said the pink slips were needed so that the company could “operate as efficiently as possible.”

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