Nat Ives of Advertising Age reports Thursday that a dozen staffers have lost their job at The Economist‘s U.S. operations.
“‘Some of the layoffs are a result of the integration process,’ the spokesman said. ‘And then we’ve obviously made the same calculation that a lot of publishers have made about this year and the dire outlook.’
“The majority came not from the magazine but from The Economist Intelligence Unit, the group’s business-to-business publishing arm, he said.
“The Economist Group has roughly 225 employees remaining.”
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