Crain’s New York Cuts 40 Percent of Staff

Another "re-alinging" leaves people without jobs

This Friday is off to a shitty start. According to Talking Biz News, 11 staffers were given the axe at Crain’s New York. That represents about 40 percent of its staff.

Publisher Jill Kaplan told staffers the cuts were necessary to “re-align the brand’s costs with its revenues.” Those let go included the following:

  • Valerie Block and Erik Ipsen – deputy managing editors
  • Steve Krupinski – art director
  • Theresa Agovino and Lisa Fickenscher – senior reporters
  • Chris Bragg and Thornton McEnery – reporters
  • Nazish Dholakia – web reporter, producer
  • Suzanne Panara – data editor
  • Thad Rutkowski – copy editor
  • Jessica Kramer – researcher

As for those left, editor Glenn Coleman has transitioned to editor-at-large and managing editor Jeremy Smerd has been promoted to executive editor.