Alex Wood Morton, executive editor for Fortune in Europe, was among the layoffs earlier this week.
Wood Morton was the former Forbes Europe editor and was part of an expansion that Fortune announced a year ago.
Wood Morton led editorial across print, digital and live events. Previously, he founded The Memo, a future trends magazine that he sold to Forbes in 2018.
“I’m proud of what my team in Europe achieved in a short time: relaunching a European edition of the print magazine and crafting ambitious and market-moving exclusives covering Europe’s biggest companies,” he wrote on LinkedIn. “Despite the challenging economy, their hard work contributed to Fortune’s European revenues growing 3x in just 18 months.”
Morton added that the entire European editorial team was laid off.
Fortune spokesman Patrick Reilly provided the following statement: “While editorial positions reporting to Wood Morton, less than a handful, were eliminated, Fortune continues to have multiple editors and writers based in London focused on international news. Fortune is also in the process of hiring for several new editorial positions for the Fortune team focused on Europe.”
