Layoffs have hit Wenner Media. According to Politico, “a handful” of staffers were cut, including Peter Stevenson, who was just named deputy editor of Men’s Journal in September.
Cutbacks at Wenner are hardly surprising, given the fact that the company is bracing itself for a $25 million lawsuit.
Just weeks ago, Phi Kappa Psi—the fraternity at the center of Rolling Stone’s botched campus rape story—filed the multi-million dollar defamation suit against Rolling Stone and the piece’s author, Sabrina Rubin Erdely.
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