Layoff At Forbes
Forbes is going through a second round of layoffs. MediaMemo reports that roughly 50 employees will lose their jobs in the editorial, human resources, audience development and product management departments. Forbes under went its first round of layoffs in November when the magazine shuttered its auto site and then cut down its travel section as well. In December the company again downsized, laying off staff in their web division.
Their last round of layoffs, Forbes pointed to excising redundancies in staff as the company merged its digital and print department.
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