New York Magazine Lays Off Staff as Part of Restructuring
Changes take place after months of other significant moves by the magazine.
New York magazine, owned by New York Media, is laying off 16 full-time employees and another 16 part-time employees and freelancers, reports CNN Business. The cuts represent about 5 percent of total full-time staff and are the beginning of the magazine’s restructuring. Staff were notified Monday in a memo by New York Media chief executive Pam Wasserstein. The functions most impacted by the cuts include video, audience development, and copy and fact checking.
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