IBT Media undergoes a huge set of layoffs, with at least 15 editorial staffers out, including enterprise editor John Simons and deputy tech editor Paul McDougall. Peter Goodman, the publication’s editor in chief, is leaving as well. “Over the past few months we have been strategically restructuring the company in order to adapt to the changes in the market and to insure IBT Media has a strong path to continued growth,” wrote co-founders Johnathan Davis and Etienne Uzac in a memo.
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