Forbes lays off another 50
Peter Kafka of All Things Digital writes Tuesday that Forbes magazine is laying off another 50 employees in its editorial and business operations.
Kafka writes, “The cuts are roughly proportional to the ones the business publication made in November and January when it consolidated its Web and magazine operations.
“During the last round of cuts, Forbes attributed at least some of the layoffs to the integration of the two staffs. This time around, there canâ€™t be any reason beyond the fact that the miserable economy has been especially rough on magazines in general and business titles specifically.
“Iâ€™ve asked Forbes officials for details and will update if I get any. (Disclosure: Iâ€™m a former Forbes employee.)”
Read more here.