Forbes has laid off about 5% of its staff

Forbes laid off about 5% of its employees on Friday, in the latest round of job cuts to hit the media world, reports Sean Burch of The Wrap. Burch writes, “The business magazine’s website said it has about 500 employees worldwide, which would mean around 25 people lost their jobs. Forbes also has a network of 2,100 […]

Forbes senior editor Konrad departs after 12 years

Forbes senior editor Alex Konrad is leaving the publication to “build something new,” he wrote on a social media post. He has been covering venture capital and startups, especially in cloud and AI, out of New York. Konrad also edited the Midas List and Under 30 for VC, and created the Midas List Europe and Cloud 100 […]

Forbes video editor Hallaway is departing

Riley Hallaway, a video director and editor at Forbes, is leaving to become a multimedia content specialist for Explore Minnesota. He had been at Forbes for almost six years. Hallaway previously interned at GetSmarter and the Energy & Environmental Research Center. He is a graduate of the University of North Dakota.

McGregor departs Forbes for consulting firm

Forbes senior editor Jena McGregor is leaving the news organization to join Modern Executive Solutions as editorial director and vice president of content strategy. McGregor was spearheading the Work and Leadership channel, leading coverage of the workplace, careers and leadership issues at Forbes. She previously spent 11 years at The Washington Post. Before the Post, McGregor […]

What’s behind Forbes’ diversification strategy

Bron Maher of Press Gazette writes about how Forbes magazine has diversified its revenue through other businesses such as events. Maher writes, “The summit, a conference for leading figures in European marketing, is part of the publisher’s strategy of building up niche but influential reader communities. Forbes has separately launched a private members’ club in Madrid, with […]

Forbes is cutting ties with some freelancers

Forbes will stop using freelancers for some types of stories indefinitely and blames the change on a recent update to Google Search policies, reports Mia Sato of The Verge. Sato reports, “In recent days, Forbes has said it will stop hiring freelancers to produce content for its product review section Forbes Vetted, according to a journalist who […]

Forbes names Phillips its new CEO

Forbes Media has named Sherry Phillips, who has been with the company for 28 years, as its new chief executive officer. She replaces Mike Federle, who is stepping down at the end of the year and has been CEO for the past seven years. Phillips was appointed chief revenue officer in 2022, overseeing all aspects of Forbes’ […]

Forbes editorial staffers walk off the job

The Forbes Union, which represents the magazine’s editorial staffers, walked off the job Tuesday on a crucial day for the company, reports Kendall Tietz of Fox News. Tietz reports, “The union issued a warning to management, scheduling its walkout on the same day as the release of Forbes’ well-known ’30 Under 30′ list, which includes 20 lists […]

Bloomberg rises to No. 7 biz news website

Bloomberg News saw strong unique visitor growth to its website in October, passing Fox Business to become the No. 7 business news website, according to data from ComScore. Bloomberg reports a 28 percent gain in unique visitors to 24.8 million in October. While Fox Business grew 8 percent in unique visitors to 22.1 million, it […]

Forbes senior editor Feldman switches to health care

Forbes senior editor Amy Feldman is now covering health care. She had been covering industrial innovation and climate technology. She co-authored the Current Climate newsletter and edits the Next Billion-Dollar Startups list. She’s written features on greenhouse gas smuggling, the founder of HeyDude shoes, the billionaire automating Walmart’s warehouses and Bell Labs’ 1970s ‘Red Father’ chatbot. Before rejoining Forbes in 2016, she wrote for […]