Layoffs Coming to Parade

Now that Parade has been purchased by Atlhon Media, the bad news comes — about 85 staffers are likely to get cut. The New York Post reports that the layoffs will come as Athlon moves operations to its headquarters in Nashville, Tennessee.

Only about 20 Parade staffers are expected to be offered jobs. The glossy’s editor Maggie Murphy and CEO Jack Haire will not be among them.

“I was honored to have had this job,” Murphy, who had been with Parade since 2010, told the Post. “I just want people to know I have an amazing staff here.”